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EVENT / TOPICHistorical

Bitcoin ETF cost basis fluctuates amid Trump Iran comments

1 reports1 sources10/22/2026 updated

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AI overview

Bitcoin price hovered near $81,500 as ETF cost basis, with traders assessing geopolitical risk. US President Donald Trump reiterated the possibility of new military action against Iran, with no negotiations ongoing, pressuring risk assets and keeping Bitcoin within a narrow range around $81,300 to $84,400 until the October 28 Fed meeting.

Written with AI from the reporting · updated 10/22/2026

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  1. 1Unclassified fact stationOct 23, 00:00recorded Oct 23, 00:34single sourcerevised

    Bitcoin circles $81.5K ETF cost basis as Trump Iran comments

    Read original source ↗ CointelegraphReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    bitcoin
    Action:
    traded in narrow range
    Object:
    ETF cost basis around $81,500
    Occurred (fact side):
    Oct 23, 00:00
    Cointelegraph ↗Report pageRevision 2 · currently revised
    Published (valid side):
    Oct 23, 00:20
    First seen (known side):
    Oct 23, 00:34
    Fact stationSingle source · one-sided claimRevised

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Oct 23
  1. CointelegraphRelated fact: single sourceSource report revised
    Bitcoin hovers near $81.5K ETF cost basis amid geopolitical tensions and Fed meeting anticipation

    Report first recorded Oct 23, 00:34

    Bitcoin (BTC) remained below $82,000 around Thursday’s Wall Street open, preserving 3% daily losses as US stocks fell due to geopolitical tensions. US President Donald Trump reiterated the possibility of new military action against Iran, stating the US was “not negotiating” with the Iranian side. Analysts at Bitfinex Alpha forecast BTC/USD will trade in a narrow range between $81,300 and $84,400 until the Federal Reserve meeting on Oct. 28. The S&P 500 Index was down 1.3% and the Nasdaq Composite Index was 2.3% lower at the time of writing.

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