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Technology · 1 hour ago

Bitcoin dropped 1.7% to $83,000 after Brent crude exceeded $100

Bitcoin dropped 1.7% to $83,000 after Brent crude exceeded $100

Bitcoin dropped 1.7% to $83,000 on Monday, with smaller tokens in the CoinDesk 100 index seeing even bigger losses. The crypto market dip happened after Brent crude oil rose above $100 a barrel. Price changes occurred after Donald Trump refused Iran's conditions for allowing the Strait of Hormuz to reopen.

Reported by coindesk.com · How we write briefs

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