Bitcoin slips below $83,000 as Iran tensions and US bond yields weigh
- —BTC dropped to $82,900, down about 1.8% over 24 hours
- —10-year US Treasury yield reached 5.255%, the highest in nearly 20 years
- —Markets price a 68.1% probability of a Fed rate hike on October 28
- —Rising oil prices amid US-Iran tensions add to inflation pressure
Why it matters: High bond yields and geopolitics are pressuring risk assets; BTC's next move hinges on oil prices and Fed signals.
Source: Siam Blockchain