Bitcoin dropped below $80,000 as unexpected military strikes in the Middle East and a surprise regional security summit in Iran involving Saudi Arabia, Turkey, and Pakistan triggered market uncertainty. The geopolitical tensions pushed oil prices higher, causing risk-off sentiment and increased demand for stablecoins as safe havens. Traders are closely watching if Bitcoin will hold its $82,000 support level or behave more like a risk asset alongside equities. The situation highlights Bitcoin's role as a 24/7 liquidity valve during global crises and raises questions about its safe-haven status amid ongoing regional conflicts.
Bitcoin's recent price movement is shown here with Pluang's market data for context. For readers following cryptocurrency markets, as of Oct 26, 2026 15:02 WIB, 9 out of 50 major cryptocurrencies on Pluang rose while 40 fell. Notable movers include XTZ at Rp5.079 with a -3.26% change and a typical hold time of 101 days, COTI at Rp186 down 3.04%, and SAND at Rp858 down 2.63%, with 80% of Pluang orders selling SAND.
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