Bitcoin slips below $81K after Trump rejects Iran peace proposal; institutional investors continue accumulating BTC
Synopsis
Bitcoin slipped below $81,000 after briefly crossing $82,000 as geopolitical tensions rose following US President Donald Trump’s rejection of Iran’s peace proposal. Despite volatility, BTC held key support, while institutional buying and ETF inflows signalled steady demand. Altcoins were mixed, with select tokens gaining while others declined.
Bitcoin slipped below the $80,000 mark on Tuesday after briefly trading above $82,000 in early sessions, following reports that US President Donald Trump rejected Iran’s latest peace proposal. The cryptocurrency was last seen at $81,151.
Over the past 24 hours, Bitcoin was up 0.26%, while Ethereum declined 1.32% to $2,308. Among major altcoins, XRP, BNB, Solana and Dogecoin gained up to 1.29%, whereas Tron, Hyperliquid and Cardano slipped as much as 1.86%.
Also Read | Sectoral & thematic mutual funds see decline of 28% in monthly inflows in April. Are investors turning cautious?
CoinSwitch Markets Desk said that escalating geopolitical tensions pushed Brent crude close to $105, creating broader pressure across risk assets, including crypto. Even with the volatility, BTC continued to hold the important $80K support zone, showing underlying market resilience.
Crypto TrackerTOP COINS (₹) BNB63,159 (2.04%)XRP140 (1.8%)Bitcoin7,754,477 (0.93%)Tether96 (0.54%)Ethereum220,214 (-0.68%)
The institutional demand also remains active, with Strategy purchasing another 535 BTC at an average price of $80,340, CoinSwitch Markets Desk further said.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details »
Live Events
The global crypto market capitalisation went up 0.34% to $2.71 trillion, according to . The market sentiments are neutral, indicating the traders are in a wait-and-watch mode, according to CoinDCX Research Team.
Vikram Subburaj, CEO, Giottus, said the 24-hour move was only 0.06%, which means the market was holding the $80,000 zone rather than breaking into a fresh momentum leg. For Indian investors, the practical approach is to avoid leveraged entries near $82,500 and build exposure only in tranches around clearly defined levels such as $80,000, $78,000, and $82,500.
Over the past week, Bitcoin rose 0.42%, while Ethereum declined 2.73%. Among major altcoins, XRP, BNB, Solana, Tron and Cardano gained up to 14.18%, whereas Dogecoin and Hyperliquid fell 0.73% and 3.37%, respectively.
Avinash Shekhar, Co-Founder & CEO, Pi42, said Bitcoin is trading near the $81,000–$82,000 range, holding relatively steady despite continued volatility driven by geopolitical developments and shifting macro sentiment. Price action remains cautious as markets closely monitor ongoing U.S.–Iran tensions, while traders also await further clarity on upcoming U.S. crypto regulation discussions.
The continued accumulation by Strategy, which recently added another 535 BTC to its holdings, alongside optimism surrounding the proposed U.S. Clarity Act, is helping support broader sentiment even as momentum remains mixed, Shekhar further said.
Also Read | Gold ETF inflows jump 34% to Rs 3,040 crore in April; silver ETFs log third straight outflow
Market perspective
Akshat Siddhant, Lead Quant Analyst, Mudrex: Bitcoin is holding near $81,000 as investors focus on two major catalysts converging this week. At the same time, Bitcoin ETFs attracted $706.1 million and Ethereum $77.1 million, reflecting continued institutional conviction.
WazirX Market’s Desk: Bitcoin trades near $81,223, with the market structure remaining constructive, as the RSI at 62.98 signals healthy momentum. Moving averages are giving buy signals, showing broad trend support and steady participation around key levels. Ethereum trades near $2,314, with the RSI at 51.08, indicating balanced momentum after recent moves.
Riya Sehgal, Research Analyst, Delta Exchange: Crypto markets are holding firm despite near-term consolidation. Bitcoin is sustaining above the psychologically critical $80,000 level after multiple failed attempts to clear $82,000, a pattern that reflects intact underlying demand rather than weakness, as traders digest a strong April recovery and position ahead of today’s U.S. CPI print.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and twitter handle
