Bitcoin surged to $82,000 after US President Donald Trump ruled out an Iran strike before the midterms, sparking a relief rally in global markets. Trump's decision sent oil prices plummeting, contributing to the cryptocurrency's price jump.
Source
"Bitcoin Surges to $82,000 Amid Trump's Iran Strike Ruling" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The move comes amid growing fears of a global economic downturn, but crypto security experts are warning investors not to fall into 'bunker mode' - a strategy of hoarding assets in anticipation of economic disaster.
BTC · 7D · $81,047−3.3%