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Bitcoin Rockets Past $81K Amid Geopolitical Tensions Easing

Guavy AI Editorial Team Published September 4, 2026

Instruments

BTC

Bitcoin's price surged above $81,000 on geopolitical tensions easing between the US and Iran, pushing its market cap over $1.62 trillion.

This rally triggered a massive short squeeze, liquidating over $415 million in short positions across crypto derivatives.

Despite this strong rebound, analysts warn that Bitcoin faces resistance near $83,000 and could fall into a 'bull trap' without sustained buying.

The price action highlights Bitcoin's growing role as an inflation hedge amid ongoing global uncertainties.

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