Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.
Source: CoinDesk
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DW NOTE
BTC is down half a percent while Brent sits at $105 and the Hormuz closure enters day eight. The only interesting thing here is what isn't moving — every model said Bitcoin would break higher on oil supply shocks, and instead it's trading like a tech stock waiting on Wednesday's CPI print. The "digital gold" thesis keeps failing the one test that would have validated it.