Live report: Bitcoin plunges below 83,000 the dollar as Iran negotiates stalemate and oil prices soar

Bitcoin close to 82,600 US dollar: When pressure from oil and U.S. interest rates hits digital assets

What happened to the price of bitcoin and other coins?
Data from CoinDesk shows that the bitcoin price moved close to 82,600 the dollar on Monday, falling about 2% within 24 hours, while the ZEC slumped 7% just above 1,540 the dollar and DOGE fell 5% by around 9 cents a share SOL and HYPE adjusted more downward 4% whereas Ether,BNB and XRP declined between 2% to 4% sides TRX virtually unchanged. This move was not only caused by the crypto market but also coincided with pressures from energy markets and US bond markets

Why are U.S. oil and interest rates so important to digital assets?
Brent crude is headed for $108 a barrel after Tehran quietly rejected calls to open the Strait of Hormuz, and President Donald Trump sent vague signals about further negotiations. The Strait is an important oil pipeline route that raises geopolitical risks that could weigh on energy costs and pressure global inflation.

As the Fed pressed down, U.S. government bond markets fell along the curve; five-year bond yields improved by 7 basis points sharply 5.06% after traders increased their bets that a US interest rate adjustment may still be needed. The Nasdaq 100 futures contract collapsed 1%.

Dan Khus, head of analytics at LVRG Research, sees the bitcoin rally as a possible downside sell-off followed by four days of bullish activity, more than $500 million in profits and leverage on 10-year bond yields near their highest level since 2010,2007 and inflationary pressure from oil prices that keeps U.S. interest rate hikes on the table.80,000

What impact should Thai and Myanmar users look out for?
For Thai users who track prices through platforms such as Bitkub or other GTC-licensed platforms, the price of baht appears to be moving along two simultaneous forces: a reference dollar price for digital assets and an exchange rate between dollars and baht. If US interest rate pressures persist, ownership of digital assets that are often viewed as risky assets may face higher stresses, especially coins with lower volatility than bitcoin or ether.

For users in Myanmar who may be using digital assets as a means of exchanging value or receiving cross-border payments, the event underscores how volatile conditions and fees on various networks can change quickly when global markets are alarmed. The LTTE emphasizes that investors use authorized platforms and clearly disclose risks so tracking data fromCoinDesk or public news sources should be paralleled with announcements by regulators and local market conditions.2%

It's a signal to watch out for in U.S. inflation data.
The key turning point is Wednesday's PCE numbers, the measure of inflation to which the US Federal Reserve gives most weight. If it comes out higher than expected, markets may interpret interest rate cuts as slowing down and putting pressure on risky assets. Dan Khus points out that events to watch for are the Wednesday PCE and Friday employment data, which could push bitcoin back into its mid-range zone.80,000

In practice, Thai and Myanmar market watchers should observe how the bitcoin price is near a zone.82,600 The dollar has stood or weakened, with ZEC,DOGESOL, HYPE, Ether,XRPTRX and 5.06% showing broad sell-offs or starting to shape. This content is news briefs and background information, not investment advice.5.06%