Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower

Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action. Bitcoin (BTC) stayed below $82,000 around Thursday’s Wall Street open as Iran war headlines returned to pressure risk assets. Data from TradingView showed BTC/USD hitting $81,256 on Bitstamp, down 2.9% on the day. Mixed reactions to Tesla earnings and capital expenditures combined with a risk-off mentality stoked by fresh comments from Trump that the US was “not negotiating” with the Iranian side. “We are going to have something one way or the other that will happen fairly soon.