Bitcoin Slips Below $83,000 as Oil Prices Climb
Bitcoin traded near $81,200 on October 8 after touching about $80,940, its lowest level in nearly three weeks, and erased its early-October gains. Brent crude rose above $104 a barrel and the US 10-year yield hovered around 5.3%, adding inflation concerns amid Iran-related tensions. Ether fell more than 5% and XRP lost nearly 6%, while roughly $550 million in leveraged crypto positions were liquidated.
... Need no markdown? Plain text. Fine. Potential issue: "reported planning for possible Iran-related strikes" drawn from material: press info White House asked Pentagon prepare options. That's okay. "Hurricane Isaias-related Gulf output cuts" material says approach led Shell Chevron suspend, >25% production interrupted. Good. "Attacks near Strait of Hormuz" material says attacks against ships in Persian Gulf and near Strait. Good. Need ensure no source phrasing copied. Some phrases like "leveraged positions were liquidated" maybe source "positions à effet de levier ont été liquidés" translated. That's okay? "entirely original wording, never copying source phrasing." We are translating? The source is French. We can use facts. "leveraged positions were liquidated" is common. Fine. Need maybe "Oct. 8" source says 8 octobre. Fine. Need "Brent rose above $104" source "Brent dépasse 104 dollars". Fine. Need "US 10-year yield hovered near 5.3%" source. Fine. Need "close to its highest