Bitcoin price drops to $82.7K October low as bond sell-off resumes on Iran nerves
BTC when published $82,971Now $80,577 ▼ −2.89% since it was published
Bitcoin fell below $83,000 to reach month-to-date lows as stocks reversed after all-time highs and bond yields spiked higher. Bitcoin (BTC) fell further at Wednesday’s Wall Street open as oil prices gained on US-Iran war headlines and stocks came off all-time highs. Data from TradingView showed BTC/USD dipping below $83,000, setting new month-to-date lows. Mixed signals over oil traffic through the Strait of Hormuz pushed Brent crude oil to $102 per barrel on the day, while WTI crude reached $91.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
