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Bitcoin fell toward $84,000 as rising oil prices and higher U.S. Treasury yields, driven by Iran's expanded attacks on ships in the Strait of Hormuz,
Threats to oil shipping in the Gulf and Hormuz have increased in October Read more at The Business Times.
Coinbase shares fell more than 3% as bitcoin dropped below US$83,000, triggering about US$696 million in liquidations and weighing on cryptocurrency-linked stocks amid wider market pressure.