Bitcoin breaks below $83,000 as oil jumps on Iran strike-plan report
Summary
Bitcoin fell 1.6% to below $82,800 as oil prices and Treasury yields rose amid reports of possible U.S. strike options against Iran and other supply concerns. XRP dropped nearly 4%, while ether and DOGE lost about 3%. The move followed roughly $550 million in crypto liquidations, mostly from bullish leveraged bets. Bitcoin’s breach of $83,000 renewed concern about further losses, with FxPro citing $80,000 as a possible next level. Rising crude prices and yields have coincided with bitcoin’s recent declines, while global stocks also pulled back from record highs.
