Markets· ★★★★· bearish· October 22, 23:20

Bitcoin hovers at $81.5K ETF cost basis as Trump's Iran remarks hit stocks

—Bitcoin fell 3% on the day to around $81,500
—The level matches the average purchase price of spot Bitcoin ETFs
—US stocks slid after Trump's comments on striking Iran

Why it matters: The ETF cost basis is a key support; a break below it could accelerate fund outflows and deepen the sell-off.

Source: Cointelegraph

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