Bitcoin shorts face liquidation pressure, as Trump pledges not to strike Iran ahead of the midterm elections.

US President Trump said he will not launch airstrikes on Iran ahead of next month’s midterm elections, easing market concerns over escalating tensions in the Middle East. In response, Bitcoin rebounded from its Thursday low of around $80,400 to near $82,500, putting short sellers under liquidation pressure.

In terms of market prices, Bitcoin is currently trading at $82,486; Ethereum fell roughly 2% in 24 hours to near $2,500; SOL dropped nearly 4% to around $110, while XRP and HYPE remained rel

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