- 1. Bitcoin drops 1.8% to $78,035 on Trump's Iran talks snub.
- 2. Fear & Greed Index falls to 33, entering Fear zone.
- 3. Ethereum declines 0.5% to $2,335.99 in broader market caution.
Bitcoin sell-off drove prices to $78,035, down 1.8% at 14:00 UTC October 10, 2025, per CoinGecko. President Trump canceled Jared Kushner and Steve Witkoff's Iran talks trip, CoinDesk reports.
The Fear & Greed Index fell to 33, entering Fear zone. Ethereum traded at $2,335.99 (-0.5%). XRP dropped to $1.43 (-1.2%). BNB fell 1.5% to $631.86. USDT stayed at $1.00 CoinGecko].
Trump's snub ended hopes for Middle East de-escalation. Kushner holds Saudi fintech ties. Witkoff serves as Trump's Middle East envoy pick. Bitcoin bore the risk uncertainty brunt.
Key Triggers Fueling the Bitcoin Sell-Off
CoinDesk details the cancellation amid tensions. Traders dumped Bitcoin fast. Crypto exposed political vulnerabilities.
Trump backed Bitcoin after ETF approvals. Markets now track his signals. Fear & Greed Index at 33 flags caution alternative.me]. Blockchain flows boost volatility.
Ethereum DeFi activity declined. CoinGecko confirms altcoin sell-off.
- Asset: BTC · Price (USD): 78,035.00 · 24h Change: -1.8%
- Asset: ETH · Price (USD): 2,335.99 · 24h Change: -0.5%
- Asset: XRP · Price (USD): 1.43 · 24h Change: -1.2%
- Asset: BNB · Price (USD): 631.86 · 24h Change: -1.5%
- Asset: USDT · Price (USD): 1.00 · 24h Change: 0.0%
Trump's Inner Circle Shapes Crypto Market Dynamics
Jared Kushner links to Saudi funds backing fintech. Steve Witkoff pursues RWA tokenization. Trump takes hardline foreign policy.
Bitcoin miners track energy costs. Lightning Network volume dropped. The Block analyzes policy effects on infrastructure.
Trump's 2024 pro-Bitcoin stance lifted prices to $126K peaks via ETF inflows.
Historical Context: Politics and Bitcoin Volatility
U.S. politics sways crypto. Bitcoin rose in Trump's first term on deregulation. Post-2024 election, BlackRock ETF inflows set highs.
Geopolitical events like U.S.-Iran tensions spark 2-5% Bitcoin dips in hours, per Glassnode on-chain data. Whales moved to cold storage.
Ethereum staking held post-Merge. XRP feels Middle East remittance impacts.
Why Bitcoin Reacts Sharper Than Ethereum to Iran News
Bitcoin acts as macro risk gauge. Traders liquidate it first, Fear & Greed Index shows. Ethereum DeFi yields cushion it.
BNB hit Binance liquidations. Post-halving supply tightens floors. Glassnode metrics show rising HODLing.
Regulatory and On-Chain Implications
Regulators probe crypto geopolitics role. Chainalysis data tracks Bitcoin flows to safe havens. Texas miners eye energy swings.
Ethereum DeFi raised collateral ratios. XRP ledger slowed Middle East use.
Forward Signals After Trump Decision
Traders eye support levels. Fed rates may add liquidity. Glassnode monitors whale buys for rebound.
Ethereum proof-of-stake aids resilience. Bitcoin's 21 million cap holds value. Bitcoin sell-off tests political ties amid volatility.
Frequently Asked Questions
What caused the Bitcoin sell-off?
President Trump canceled Jared Kushner and Steve Witkoff's Iran talks trip, CoinDesk reports. Bitcoin dropped to $78,035 (-1.8%). Fear & Greed Index hit 33.
How does Bitcoin sell-off impact other cryptos?
Ethereum fell 0.5% to $2,335.99. XRP dropped 1.2% to $1.43. BNB declined 1.5% to $631.86. USDT stable at $1.00.
Why does Trump Iran talks news affect crypto?
Trump's pro-Bitcoin policies tie markets to his decisions. Kushner-Witkoff links amplify geopolitics. Risk-off hits blockchain assets hard.
What does Fear & Greed Index at 33 mean?
Score of 33 indicates Fear, driving sales. Bitcoin holds $78,035 after -1.8% drop. Traders watch political updates.
