Bitcoin breaks below $83,000 as oil jumps on Iran strike-plan report

Bitcoin fell 1.6% to just under $82,800 as of Thursday Asian morning hours. Oil jumped on a report that the White House asked the Pentagon for strike options against Iran, pushing Treasury yields back toward their highest since 2002.

XRP led the losses among the majors, down nearly 4% to about $1.42. DOGE slid 3% to just under 9 cents and ether lost 3% to about $2,570. HYPE and SOL each fell more than 2%, and ZEC slipped less than 1%. BNB and TRX were the only gainers, each up less than 1%, according to CoinDesk data.

The drop takes bitcoin below $83,000, the recent low that FxPro said on Tuesday would confirm sellers had taken control. The firm said a break there could send bitcoin to $80,000 "fairly quickly."

It comes a day after about $550 million in leveraged crypto bets were wiped out, mostly from traders betting on higher prices, according to CoinGlass data.