- Bitcoin fell 1.6% to just under $82,800, breaking below the $83,000 support level that FxPro said would confirm sellers had taken control.
- Roughly $550 million in leveraged crypto bets were liquidated, mostly from traders wagering on higher prices, according to CoinGlass data.
- Brent crude rose 2% to above $102 a barrel after the White House asked the Pentagon for strike options against Iran, while a storm shut some U.S. oil output and Houthi rebels struck two airports in Saudi Arabia.
- The 10-year Treasury yield rose two basis points to 5.31%, near its highest since 2002, pressuring cryptocurrencies and global stocks.
Quotes
“a break there could send bitcoin to $80,000 "fairly quickly.”