Bitcoin Holds Near $84,000 as Bond Selloff Eases and Options Expiry Looms

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Bitcoin stabilized around $84,000 as pressure in the bond market temporarily subsided. U.S. Treasury yields pulled back from multi-decade highs, offering some relief to risk assets. Oil prices also declined following reports of a potential phased deal between the United States and Iran. Adding to market attention, approximately $14 billion worth of bitcoin options were scheduled to expire on derivatives platform Deribit on Friday.

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