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Bitcoin Slips as Oil Jumps 3% on Iran-Israel Conflict

2026-06-08 12:04:52

Abstract generation in progress

Bitcoin slipped to about $62,900 after renewed military conflict between Iran and Israel rattled global markets. Oil prices jumped more than 3% and Asian equity indexes tumbled. Rising oil and Treasury yields, recent spot bitcoin ETF outflows, and broader risk-off sentiment have already driven bitcoin down about 14%.

BTC2.36%

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