Bitcoin retreats to $82K as Brent crude tops $107 on geopolitical tensions
- —BTC hit $84,254 on Bitstamp before falling 2.2%
- —Brent reached $107.25 a barrel, its highest since September 16
- —WTI topped $94 after a tanker was attacked in the Strait of Hormuz
- —Sell-side liquidity is concentrated near $84,500
Why it matters: An oil shock raises inflation risks ahead of US CPI, potentially capping bitcoin's upside and keeping it pinned near $82,000 support.
Source: CryptoHamster