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Trump rules out strikes on Iran before midterms, Bitcoin rebounds above $81,000

Market News
08 Oct 2026
Coingape
View Source
Bullish
Trump rules out strikes on Iran before midterms, Bitcoin rebounds above $81,000

U.S. President Donald Trump announced that the U.S. will not strike Iran before the November 3 midterm elections, signaling a de-escalation in tensions. This statement came amid ongoing productive discussions between the two countries and followed reports of potential military strike preparations. Following Trump's announcement, Bitcoin's price rebounded above $81,000, reflecting increased market optimism about reduced geopolitical risk. Oil prices also fell as the blockade in the Strait of Hormuz remains but oil flow continues at record levels. The ceasefire talks are ongoing, with Iran expected to respond to U.S. proposals soon, and crypto traders now bet on a ceasefire lasting at least until mid-November.

Despite the article noting Bitcoin's rebound above $81,000, on Pluang BTC trades at Rp1.445.000.000 with a 3.10% decline as of Oct 09, 2026 00:12 WIB. The platform shows a strong buy interest with 76% of orders favoring purchases. Typical hold time for BTC on Pluang is 111 days, indicating a medium-term investment horizon among users.

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