CryptoCoinDeskabout 2 hours ago
Bitcoin Falls Below $83,000 as Iran Talks Stall
3 min read
Bitcoin dropped to about $82,600 on Monday, down 2% in 24 hours, as Iran refused to soften demands for reopening the Strait of Hormuz. Brent crude climbed toward $108, triggering over $500 million in crypto liquidations and a 2.6% fall in the CoinDesk 100, with 91 of 100 constituents declining. Traders now await Wednesday's PCE inflation reading and Friday's payrolls.
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