Live updates: Bitcoin sinks below $83,000 as Iran talks stall and oil climbs

Bitcoin fell below $83,000 as stalled Iran negotiations heightened geopolitical uncertainty and pushed oil prices higher. The move reflected broader risk-off pressure, with investors reducing exposure to volatile assets amid concerns that prolonged tensions could worsen inflation and delay monetary easing. Bitcoin’s reaction underscores its continued sensitivity to macroeconomic and geopolitical shocks despite its safe-haven narrative.