Trump Says Iran Strikes Could Come Today. Can Bitcoin Hold $80,000? | Editor's Pick Market

Donald Trump said the US could strike Iran as soon as Sunday, or alternatively reach a deal. The market reaction is being closely watched in crypto as Bitcoin (BTC) trades around $80,546 after briefly dipping below $80,000 on Saturday. The article notes that intraday moves tied to escalation headlines have ranged from a 2% to 5% drop, while leveraged liquidations were heavy: $461.19 million in long positions out of $543.68 million over 24 hours, according to CoinGlass. It highlights that a weekend strike could be absorbed initially because Bitcoin trades through the weekend. Institutional sensitivity is framed around ETF cost basis between $80,000 and $81,500.