#etf-cost-basis

Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower

Bitcoin's price has fallen to $81.5K, its ETF cost basis, as US stocks came under pressure from President Donald Trump's comments on Iran military action. The decline in Bitcoin's price is a significant development, and it has implications for the cryptocurrency's price and the broader financial markets. The ETF cost basis is a key level of support for Bitcoin's price.