• The overall crypto market fell 1.25% to about $2.8 trillion.

• More than $400 million in crypto bets were liquidated in the last 24hours following over $600 million in the previous session.

• The sell-off coincided with weakness in U.S. equities and rising Treasury yields.

Bitcoin (BTC) fell below $83,000 on Thursday morning, pressuring major crypto stocks after reports that the White House had asked the Pentagon for military strike options against Iran sent oil prices higher and pushed Treasury yields back toward recent highs.

Bitcoin’s price fell 1.2% in the last 24 hours, trading at around $82,700 at the time of writing. On Stocktwits, retail sentiment around the apex cryptocurrency…