Bitcoin dips below $83,000 to start the week as Asia markets sell, extending last week’s retreat
Summary
Bitcoin fell below $83,000 in early Monday Asia trading, down 1.79% over 24 hours, breaking beneath the $83,000–$85,000 range seen late last week after retreating from near $87,000. The decline coincided with rising oil prices and U.S. Treasury yields amid renewed inflation concerns linked to uncertainty over a U.S.-Iran truce. U.S. spot Bitcoin ETFs still recorded net inflows on Friday, though inflows eased to $134.5 million from $190.7 million the prior day. Whether Bitcoin rebounds into last week’s range or continues trading below it may show if the breach is temporary.
