Bitcoin is holding above $85,000 after a volatile Friday, but a weekend of fresh Middle East war signals — an unannounced Camp David meeting, a Houthi missile strike and a US troop deployment — could shake the calm once markets reopen.
Bitcoin's price inched higher over the weekend and now sits above $85,000, after Friday's enhanced volatility tied to US economic news. History shows fluctuations tend to ramp up on Monday morning after an eventful weekend of Middle East developments, and this weekend brought several.
Camp David meeting stokes war fears
Reports emerged claiming that US President Donald Trump's top national security officials met at Camp David on Friday for an hours-long meeting focused on the war against Iran. The gathering, not announced by the administration, was described as highly unusual, and one official said moves had already been decided. It was chaired by Vice President JD Vance, with CIA Director Ratcliffe and Joint Chiefs Chairman Gen. Caine among the attendees.
The last similar meeting took place in June 2025, just days before Israel attacked Iran. Asked about Washington's next move, President Trump said: "If I told you, you would have a major story. But you will see."
Troop buildup and a Houthi strike raise the stakes
The US has deployed nearly 10,000 troops, including 2,000 Marines, to the Middle East aboard a third aircraft carrier and an amphibious landing group, due to arrive by November, the same month as the November 3 midterm elections. Trump has previously said new waves of attacks are likely to follow the midterms.
Yemen's Houthis also struck a Saudi Aramco facility in Riyadh with ballistic missiles, the first such strike in more than four years.
Source: CryptoPotato
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