Bitcoin dipped below the key $80,000 support level earlier this week before rebounding to around $81,500, down 1.5% weekly and over 6% from its local peak. Brent crude oil jumped to nearly $110 per barrel while US equity markets declined, with the Nasdaq 100 recording its biggest weekly decline since April 2025 after dropping 3% on Friday. US tech stocks have erased over $3 trillion in market capitalization in just 10 days, leaving the Nasdaq 100 only 2.5% away from a technical correction. According to Iranian state media, the country military forces are in a state of complete readiness amid reports of a potential US strike.
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