Bitcoin dips below $83,000 to start the week as Asia markets sell, extending last week’s retreat
Bitcoin slipped below $83,000 during Mondays Asia session, moving beneath the lower edge of the $83,000 to $85,000 range reported late last week. BTC price sits around $82,953 at press time, down 1.79% over the preceding 24 hours. The intraday breach adds a fresh lower price to last weeks retreat from the $87,000 level. Related Asset Bitcoin #1 BTC · $83,241.49 24-hour change: down 1.43% Loading price history… 24H Down 1.43% 7D Down 3.36% 30D Up 6.85% CryptoSlates Friday market analysis discussed Bitcoins battle between roughly $83,000 and $85,000 after pulling back from near $87,000. A price around $83,400 would still have sat inside Fridays reported band. Early Monday trading took Bitcoin below its lower edge. Oil and yields rise alongside Bitcoins slide The wider market began Monday under pressure from oil and bonds. In early Asia trading, Reuters reported Brent crude futures rising 1.6% to $106 a barrel and the yield on 30-year U.S. Treasuries edging up to about 5.51%. Asian shares made a cautious start. Reuters linked the oil rise to doubts over a U.S.-Iran truce, a development that renewed inflation concerns. Higher yields raise the return available on government debt, adding to the pressure that risk-sensitive markets were navigating. Those shifts









