Bitcoin
Bitcoin (BTC) Price: Drops Below $83K as Bond Yields Hit 24-Year High on Iran Tensions
CoinCentral·October 8, 2026·1 min read
Bitcoin fell to $82,734 on Bitstamp, its lowest in October, as US bond yields hit 24-year highs (10-year at 5.36%, 30-year at 5.73%). Oil rose after Iran signaled a clampdown on shipping through the Strait of Hormuz. Fed minutes showed most officials expect another rate hike.
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