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Bitcoin drops below $80,000 amid U.S. evacuations in Middle East over Iran threats

Market News
24 Oct 2026
Coindesk
View Source
Bearish
Bitcoin drops below $80,000 amid U.S. evacuations in Middle East over Iran threats

Bitcoin fell to its lowest level in over a month, slipping below $80,000, as the U.S. rapidly evacuated personnel from Middle Eastern embassies and military bases due to heightened threats of Iranian attacks. Intelligence reports indicate Iran is advancing lethal plans targeting U.S. citizens, prompting broad market declines in cryptocurrencies including Ether, XRP, and Solana. This geopolitical tension, coupled with President Trump's threat of renewed conflict with Iran after the November midterms, has increased market uncertainty and pressure on crypto prices.

The recent geopolitical tensions in the Middle East have coincided with notable declines in major cryptocurrencies on Pluang. As of Oct 24, 2026 22:21 WIB, Bitcoin trades at Rp1.434.115.613, down 2.51% in the last day, while Solana has fallen 5.23% to Rp1.784.549. XRP also dropped 3.71% to Rp22.737. These movements reflect increased market caution during uncertain times, with typical hold times on Pluang ranging from 71 to 112 days for these assets.

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