“Bitcoin Price Drops to $82.7K October Low as Bond Sell-Off Resumes on Iran Nerves” — what this page in the network covers. Bitcoin fell below $83,000 on Tuesday, hitting its lowest level since October as a global bond sell-off resumed amid escalating tensions with Iran. The leading cryptocurrency dropped to $82,700, a decline of over 4% in 24 hours, while U.S. stock futures also reversed from record highs. Treasury note spiked to 4.65%, its highest since early November, as investors fled riskier assets.
The sell-off came after reports that Iran had accelerated its nuclear program, raising fears of a broader conflict in the Middle East. Oil prices jumped more than 3%, with Brent crude topping $90 a barrel for the first time in six months. The surge in energy costs added to concerns that inflation could remain elevated, forcing central banks to keep interest rates higher for longer. For the complete material, the listing points back to the source inside the network.