BEARISH 45 Cointelegraph 1H ago · 1 min read

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

AI summary

Bitcoin fell 3% on the day, trading around the $81.5K level that marks the average cost basis for spot ETF buyers. The drop came as US stocks weakened after President Donald Trump made comments about military action on Iran, pushing risk assets lower. Traders are watching whether BTC holds this ETF cost-basis zone, since a break below could pressure recent ETF holders into selling.

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Narrative history

2 linked stories · 3 outlets · since 13 Oct

1H AGO

Bitcoin falls 3.7% to test $81,500 ETF cost basis as key support

The Defiant · Score 55 · via $81,500 ETF, ETF cost
1H AGO

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

Cointelegraph · Score 45
13 OCT · 20:12

Bitcoin holds $81.5K ETF cost basis as outflows test institutional support

Bitcoin.com News · Score 55 · via ETF cost, cost basis

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