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Bitcoin falls below $83,000 as oil jumps on Iran report

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

Bitcoin dropped below $83,000 as oil prices surged following a report that the US was weighing strike plans against Iran. The market moves suggest investors are seeking safety amid rising Middle East tensions, selling riskier assets like crypto while bidding up energy. Traders are watching closely for further escalation that could keep both markets volatile.

Why now: A report of possible US strike plans against Iran rattled markets, hitting crypto and lifting oil prices at the same time.

BitcoinIranCoinDeskUnited Statesoil

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