Bitcoin price rejects at $83K as Trump calls Iran deal 'big assumption'

CoinTelegraph4h agoUpdated 2h ago
Bitcoin price rejects at $83K as Trump calls Iran deal 'big assumption'
Smart Read

Bitcoin rejected at $82,833, falling to $81,500 after Trump cast doubt on Iran ceasefire talks, calling the deal "a big assumption." Geopolitical tensions over US-Iran negotiations triggered volatility across crypto and oil markets. Traders eye support levels at $80,100 and $78,200. Over $550 million in crypto liquidations occurred in 24 hours, with analysts expecting potential retracement to $78,400 on continued pullback.

Coins in this story

BTC
₹81,410.75
-0.31%
Part of narrative
Hack

Explore how Hack is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO
CoinDesk1h ago60-word brief

Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO

Anthropic secured exclusive access to SpaceX's Colossus 1 data center, gaining 220,000 Nvidia GPUs to boost Claude AI services before SpaceX's June IPO. The deal strengthens both companies' positions: Anthropic expands compute capacity globally while SpaceX validates AI infrastructure as a revenue line to investors. The timing bolsters SpaceX's valuation pitch ahead of its public listing.

Eric Trump takes shot at JPMorgan rethinking bitcoin after 'crapping' on asset
CoinDesk1h ago60-word brief

Eric Trump takes shot at JPMorgan rethinking bitcoin after 'crapping' on asset

The U.S. president's son, who co-founded American Bitcoin, said there's been a turnaround from traditional institutional firms now embracing bitcoin....

Project Eleven warns quantum moment could hit ‘all at once,’ pegs Q-Day as early as 2030
The Block1h ago60-word brief

Project Eleven warns quantum moment could hit ‘all at once,’ pegs Q-Day as early as 2030

Project Eleven warns quantum computing could compromise 6.9 million BTC by 2030, threatening cryptocurrency security infrastructure. The research highlights that quantum-resistant protocols remain underdeveloped across major blockchains. This "Q-Day" scenario poses systemic risks to crypto markets globally, including Indian exchanges holding significant Bitcoin reserves. Industry adoption of quantum-safe cryptography becomes increasingly urgent for long-term asset protection.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.