Macro market sees a major sell-off: Bitcoin drops below $73,000, with both the Iran situation and rate-hike expectations weighing on prices
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Since May 2026, the global crypto asset market has gone through a notable pullback. As of May 28, 2026, according to Gate market data, Bitcoin has dipped to a low of $72,800, officially breaking below the $73,000 psychological support level that the market widely views as the lifeline for long positions. The core driver behind this drop is not internal structural issues within the crypto market, but a resonance of two macro-level forces returning to prominence: geopolitical risk and renewed expe
GateInstantTrends·2h ago




