Market News / Story
Bitcoin Slides Toward $84,000 as Iran Ship Attacks Lift Oil, Treasury Yields; Altcoins Weaken
Bloomingbit ·
Bloomingbit reports: Bitcoin fell toward $84,000 as rising oil prices and higher U.S. Treasury yields, driven by Iran's expanded attacks on ships in the Strait of Hormuz, weighed on risk appetite. CoinDesk reported on October 7 that Bitcoin was trading around $84,200 in Asian morning hours, down about 1.5% on the day. The token had climbed to about $86,600 a day earlier before tumbling early Tuesday and briefly touching $83,840. Major altcoins posted steeper losses. Dogecoin fell about 5%…