Bitcoin shrugged off tensions within the Center East, barely transferring regardless of U.S. President Donald Trump vowing on Monday to hit Iran onerous.
The value of the largest cryptocurrency lately stood at $79,076, unmoved over a 24-hour interval. The coin additionally hasn’t budged from the place it stood seven days in the past.
Bitcoin began an outstanding run two weeks in the past — its finest in three years — and is up practically 30% over the previous month.
Its worth began surging after the U.S. Treasury would a minimum of double the dimensions of its liquidity-support buyback operations. The announcement harm the greenback however non-yielding property like bitcoin and gold have benefited.
Optimistic regulatory information has additionally helped bitcoin this month: President Donald Trump final week stated that the long-awaited crypto Readability Act was a “very, very highly effective” piece of laws, and urged lawmakers to get it over the road.
The Readability Act goals to ascertain a framework for distinguishing between digital property which are securities, commodities or cost stablecoins — laws that the crypto trade has lengthy referred to as for.
Buyers have piled again into exchange-traded funds this month, too, which has additionally helped bitcoin’s worth. From August 17 to 27, traders threw over $2.8 billion on the autos — essentially the most since October.
JUST IN: Crypto ETFs attracted $3.2 billion in inflows final week, “their largest weekly consumption since October 2025”, The Kobeissi Letter stories.
BlackRock’s IBIT led with $928 million final week, including to their $1.3 billion from the prior week, and marking the largest 2-week… pic.twitter.com/ROC9tYPMGN
— Bitcoin Journal (@BitcoinMagazine) August 31, 2026
Bitcoin reached as excessive as $81,281 final week earlier than sliding once more on Friday.
Geopolitical strife has this yr harm Bitcoin’s worth, with the cryptocurrency sometimes going through downward stress on information of battle and rallied in hopes of a ceasefire.
When the U.S. and Israel first attacked Iran in February, the coin nosedived, and had been shaky on information of battle in March and April.
However in current months, Bitcoin’s volatility has been muted, in response to analysts, and Monday was no totally different: President Trump promised to hit Iran once more however the asset didn’t flinch.
The U.S. and Iran began strikes once more on Sunday — the primary in over one month.
“We’re going to hit them onerous,” President Trump was quoted telling a Fox Information reporter on Monday.
This put up Bitcoin Unfazed by Trump’s Iran Threats first appeared on Bitcoin Journal and is written by Mathew Di Salvo.
