Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
Bitcoin briefly broke under the level analysts flagged as the point where sellers take over. Oil and the dollar both climbed.
Source: CoinDesk
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DW NOTE
The Fed hiked in September and the market now prices a 25% chance of another hike this month — yet Bitcoin fell 1.5% on dollar strength, not rate expectations. When monetary tightening into a supply shock becomes the baseline and a Hormuz closure is just scenery, risk assets have stopped pricing future outcomes and started pricing present liquidity.