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Morning Edition · Friday, October 9, 2026Published at 1:49 AM EDT · New York
Bitcoin Recovers to $82,000 After Trump Rules Out Iran Strikes, While Ether Bets Are Liquidated at Six Times Bitcoin's Rate
Spot bitcoin, ether and solana funds posted net outflows on October 8, and Federal Reserve minutes tied higher yields partly to borrowing for artificial intelligence, a day before the anniversary of last October's flash crash.
Bitcoin rebounded to about $82,000 early on October 9 after President Donald Trump ruled out a strike on Iran before the midterm elections and oil prices fell. On October 8 the price had dropped below $81,000 as oil rose and, according to B…
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Inflation Reacceleration Reopens the Hiking Cycle
US core inflation prints keep coming in above consensus, forcing markets to price renewed Fed tightening rather than the cuts that underpinned 2025 risk-asset positioning, so each upside CPI surprise repeats the same transmission — higher front-end rates, a firmer dollar, and compressed multiples on long-duration and leveraged assets.
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