Bitcoin fell as much as 2.2% from $84,250, its highest since Wednesday, as oil rose on doubts over a Russia-Ukraine “energy ceasefire” and an Iranian report that an oil tanker was ablaze in the Strait of Hormuz. WTI spiked past $94 per barrel and Brent hit $107.25, its highest since Sept. 16, after Zelenskyy accused Russia of still targeting energy infrastructure despite a moratorium announced by Trump. Robin Brooks argued oil carried too much “risk premium” as volumes out of the Persian Gulf improved to about 13 mb/d from a high of 16.5 mb/d a few weeks earlier. Markets are on edge ahead of US CPI and PPI data due Wednesday and Thursday, with Bitcoin support seen near $82,000 and resistance around $83,400.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.7T |
| Close on 10/11/2026 | 83,773.12 |
| Change that session | +0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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