BTC Blasts Past $81k as Trump Weighs Ending Iran War

BTC reclaimed $81,000 on Thursday as reports suggest the Iran war could be over. Donald Trump's inner circle is advising him to declare the war officially over due to growing pressure ahead of midterm elections.

Fed Governor Christopher Waller signaled he could back a September rate hold, further exacerbating the Bitcoin rally. Waller mentioned that three-month core inflation slowed to 3.05% through July, which would likely nudge him into supporting tighter policy if August confirms this trend.

Trump reportedly thinks economic pressure alone will force Tehran to concede, but senior aides warned that more escalation could cost Republicans the November midterm elections. This news has been a major contributor to Bitcoin's recent price movements, as BTC has traded closely with war developments.