Bitcoin Slips Under $82,300 as Macro Tensions Build and Oil Jumps

Oct. 8 — Bitcoin briefly dipped below $82,300 before paring losses to about $82,500, down 1.94% over the past 24 hours, according to ChainThink citing market data. The move leaves BTC below the closely watched $83,000 support zone. FxPro has said that a decisive break under $83,000 could hand control back to sellers, potentially accelerating a drop toward $80,000. The pullback comes as macro risks intensify. Reports say the White House has asked the Pentagon to draw up military strike options against Iran. Brent crude rose about 2% to reclaim $102 a barrel. U.S. 10-year Treasury yields climbed to 5.31%, near the highest level since 2002, adding pressure on risk assets. Major tokens also weakened: XRP fell nearly 4% to $1.42, DOGE slid about 3%, ETH dropped roughly 3% to $2,570, while HYPE and SOL each lost more than 2%. Roughly $550 million in leveraged crypto positions were liquidated the previous day, with long positions accounting for most of the total. Bitcoin has now fallen for two straight sessions amid firmer oil and higher Treasury yields. A pullback in Brent below $100 could ease some of the current pressure on risk assets.