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Bitcoin’s $80,000 support comes under pressure as Middle East shock hits bonds

Bitcoin’s latest test is coming from the bond market, not just the crypto market. Iran-linked attacks pushed oil above $100 and lifted Treasury yields toward the 4.5% zone, forcing traders to decide whether Bitcoin is still trading as a hedge against monetary disorder or as a risk asset exposed to tighter financial conditions. Iran's attack […] The post Bitcoin’s $80,000 support comes under pressure as Middle East shock hits bonds appeared first on CryptoSlate.

Bitcoin’s $80,000 support comes under pressure as Middle East shock hits bonds