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Bitcoin Dips Below $83K Amid Surge in Oil Prices

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Bitcoin fell below $83,000, a level analysts suggest could lead to a quick drop toward $80,000. This decline coincided with a sharp rise in Brent crude oil prices to over $102 per barrel. The oil price surge followed reports of potential military strikes against Iran. The higher oil prices also contributed to U.S. Treasury yields nearing their highest levels since 2002.

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Bitcoin Dips Below $83K Amid Surge in Oil Prices · ShortSingh