Markets· ★★★· bearish·

Bitcoin slides toward $80,000 as Strait of Hormuz risks mount

  • —Bitcoin resumed its decline on October 17 amid rising inflation concerns
  • —Regional tensions and fund outflows added to the selling pressure
  • —BTC is closing in on the psychological $80,000 mark
Why it matters: A break below $80,000 could trigger more long liquidations and accelerate a move toward monthly lows.
#BTC
Source: Cryptonews.net
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