Bitcoin Barely Moves After Trump Vows to Strike Iran

Bitcoin largely ignored Middle East tensions, holding steady after President Donald Trump threatened Monday to strike Iran forcefully.

Recently, the largest cryptocurrency was at $79,076, flat over 24 hours and unchanged from a week earlier.

Two weeks ago, bitcoin began an exceptional run, its strongest in three years, and it has climbed almost 30% in the past month.

The price started to rise after the U.S. Treasury announced it would at least double the size of its liquidity-support buyback operations. That announcement weighed on the dollar, while non-yielding assets such as bitcoin and gold gained.

Bitcoin has also received a lift this month from regulatory news: President Donald Trump last week described the long-awaited crypto Clarity Act as a “very, very powerful” measure and pressed lawmakers to pass it.

The Clarity Act would create a framework for classifying digital assets as securities, commodities or payment stablecoins, a goal the crypto industry has long sought.

Investors have also been putting money back into exchange-traded funds this month, helping bitcoin’s price. Between August 17 and 27, investors added more than $2.8 billion to those products, the largest total since October.

JUST IN: Crypto ETFs attracted $3.2 billion in inflows last week, “their largest weekly intake since October 2025”, The Kobeissi Letter reports. BlackRock’s IBIT led with $928 million last week, adding to their $1.3 billion from the prior week, and marking the biggest 2-week…

— Bitcoin Magazine (@BitcoinMagazine) August 31, 2026

Last week, bitcoin touched $81,281 before falling back on Friday.

Geopolitical conflict has weighed on bitcoin’s price this year, with the digital asset typically falling on war news and rising on ceasefire hopes.

The coin plunged in February, when the U.S. and Israel first attacked Iran, and it was unsettled by war reports in March and April.

According to analysts, however, bitcoin’s volatility has been subdued recently, and Monday was no exception: President Trump again promised to strike Iran, yet the asset stayed calm.

The U.S. and Iran resumed strikes on Sunday, the first time in more than a month.

On Monday, President Trump was quoted as telling a Fox News reporter: “We’re going to hit them hard.”