Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets
coindesk|May 11, 2026 10:30
BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.
What to know : Bitcoin surged from $80,700 to $82,400 before reversing as CME futures and U.S. equity markets reopened. Iran tensions boosted oil and the U.S. dollar, adding pressure to crypto and broader risk assets. CoinDesk 100 fell 1.5% Monday while the bitcoin-heavy CoinDesk 5 dropped 0.6%.(Coindesk)
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