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Bitcoin.com
2026-05-28 10:30:16

US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse

US-Iran Escalation Pushes Bitcoin to $72,622 as $870M Long Bets Collapse

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions. Geopolitical Escalation Triggers Crypto Sell-off Bitcoin plunged below $73,000 early Thursday following reports of fresh U.S. military strikes inside Iran. Market data

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