Bitcoin breaks below $83,000 as oil jumps on Iran strike-plan report

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Bitcoin breaks below $83,000 as oil jumps on Iran strike-plan report

60-second summary

Bitcoin falls below $83,000, opening a quick path to $80,000, as Brent crude spikes past $102 per barrel following reports of an Iranian strike plan, pushing U.S. Treasury yields toward 2002 highs. The dip reflects heightened risk appetite shifting toward commodities, suggesting further downside pressure on crypto prices amid tightening financial markets.

Bitcoin has slipped under a level FxPro says opens a "quick path to $80,000." Brent crude climbed above $102 and pushed Treasury yields back toward their highest since 2002.