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Bitcoin dips below $80,000 amid Trump-Iran tensions and $841M crypto liquidations

Market News
24 Oct 2026
Cointribune
View Source
Bearish
Bitcoin dips below $80,000 amid Trump-Iran tensions and $841M crypto liquidations

Bitcoin fell to $79,220 on Binance due to rising geopolitical tensions between the US and Iran, triggered by Trump's threats and US embassy evacuations. This caused $841 million in crypto liquidations within 24 hours, mostly from long positions. Bitcoin briefly rebounded above $80,000 but remains below its 50-day moving average, signaling potential further volatility. Investors also face uncertainty ahead of the US Federal Reserve meeting and inflation data releases, which could impact market direction.

Bitcoin's market cap stands at Rp29.262,1 trillion as of Oct 25, 2026 03:21 WIB, with a 24-hour trading volume of Rp419,79 trillion on Pluang. Despite recent volatility, Bitcoin's price on Pluang is Rp1.454.897.249, down 0.92% in the last day. Pluang users show a buying preference with 63% of order activity as of the same time, holding their positions typically for 112 days.

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