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MarketsNegativeION NewsOct 24, 2026, 3:11 PM

Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations

“Iran has substantially increased efforts to target U.S. personnel,” wrote Jay Clayton, the director of national intelligence, in a Friday memo to Secretary of State Marco Rubio. “The lethal plotting efforts by the Iranians against U.S. citizens have reached advanced stages in both the Middle East and certain other countries.”

These evacuations appear to go well beyond reports from earlier this week that the U.S. was ordering some diplomatic staff in Saudi Arabia to vacate.

President Trump, meanwhile, has threatened a re-escalation in the war against Iran after the midterms in early November. “We may do another little ‘Epic Fury,’” Trump said at a rally in Florida on Friday.

Crypto prices are sinking to multi-week lows, with bitcoin now down by 2.2% over the past 24 hours to $79,700. Ether, XRP, and solana are down in the 3%-4% range.

Crypto Daybook Americas - The latest moves in crypto markets, in context Market analysis for crypto traders and investors. Preview svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none data-[hover=true]:opacity-hover w-full md:w-auto lg:w-full xl:w-auto bg-surface-brand-fixed text-black-fixed rounded"> Sign up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . iframe]:m-auto bg-inherit opacity-100 items-start w-[var(--ad-width)] h-[var(--ad-height)]"> Latest Crypto News 1 Wall Street backbone DTCC brings $30 trillion securities closer to blockchain with major banks 1 hour ago 2 JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized tock trading plan 1 hour ago 3 Dissent and more: 3 things to watch for at the Fed meeting 2 hours ago 4 XRP Ledger developers propose creating wallets with zero XRP for stablecoin payments 2 hours ago 5 Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9% 2 hours ago 6 Live updates: Bitcoin sheds early gains, with Fed decision looming 2 hours ago 7 Google to preview crypto custody security system as AI threats grow 3 hours ago 8 Nearly 90% of large businesses are embracing tokenized cash to speed up payments: DBS 3 hours ago 9 Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules 4 hours ago 10 Kospi surges 7% as SK Hynix earnings fuel AI stock rebound 4 hours ago Latest Research Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Published by ION News.