Bitcoin Falls Below $83,000 as Trump Shoots Down Iran Deal Rumors

Bitcoin dropped below $83,000 after Trump said the US is not negotiating with Iran, adding that something will happen “fairly soon.” Bitcoin fell by about $1,500 in one hour on Thursday and dropped below $83,000. In the same hour, over $70 million in long positions were liquidated. The decline came shortly after Trump told reporters that the United States is not negotiating with Iran, ending the rumor that a deal has been reached. Trump spoke late on Wednesday as he returned from a rally in South Carolina, saying that the US was not interested in entering talks with Iran officials.