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U.S.-Iran Strikes Send Bitcoin to Six-Week Low as Oil Rises

2026-05-30 18:19:13

Abstract generation in progress

Bitcoin fell below $73,000 to its lowest level since April 13 as renewed U.S.-Iran fighting rattled global markets. U.S. strikes in southern Iran were followed by Iranian retaliation against the American base used to launch the attacks. Polymarket odds for a permanent ceasefire by the end of the month fell to 8%, while Brent crude rose nearly 4% to around $96 per barrel.

BTC-0.33%

POLYMARKET1.56%

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