Bitcoin (BTC) Price: Analyst Eyes $100,000 Target After Key Breakout

Bitcoin fell 1.5% to $83,416 on Monday, dropping below $83,000 amid a global bond sell-off. The 10-year U.S. Treasury yield climbed past 5%, its highest level since 2007. U.S.-Iran tensions continued after President Trump rejected Tehran's latest ceasefire offer. Markets now see a 70.3% chance of a Fed rate hike in October.