The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Bitcoin rebounds above $81,000 after Trump rules out pre-midterm Iran strikes

The price move arrived 2026-10-08, after prediction markets unwound higher bitcoin price bets over the preceding two days.

Marcus Vance
Markets Reporter
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Stands on 3 placed sources from 2 publishers and 1 first-party instrument reading.
As of 2026-10-09 09:23 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Bitcoin traded above $81,000 on 2026-10-08, rebounding following President Trump's announcement ruling out military strikes on Iran ahead of the midterm elections.[1]