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Bitcoin rebounds above $81K after Trump rules out Iran attacks before midterms, oil prices fall.

Market News
08 Oct 2026
Crypto news
View Source
Bullish
Bitcoin rebounds above $81K after Trump rules out Iran attacks before midterms, oil prices fall.

Bitcoin surged back above $81,000 following U.S. President Donald Trump's statement ruling out military attacks on Iran before the November 3 midterm elections. Trump described ongoing talks with Iran as productive but maintained the U.S. blockade, keeping pressure on Tehran. The announcement eased market fears, causing oil prices to retreat and boosting confidence in Bitcoin, which had been volatile amid geopolitical tensions. Iran is reviewing a U.S. proposal and expected to respond soon, while traders assign a 60% chance the ceasefire will hold through mid-November, signaling cautious optimism ahead of the elections.

Bitcoin trades at Rp1.462.907.778 on Pluang as of Oct 09, 2026 03:32 WIB, down 2.06% in the last day. The platform shows a market cap of Rp29.421,8T and a 24-hour volume of Rp826,06T. Despite the recent price drop, buyer interest remains strong with 76% of orders on Pluang being buy orders and an average hold time of 111 days.

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