Bitcoin closed the week near $74,054, down 4.0% after U.S. airstrikes near the Strait of Hormuz triggered one of 2026’s largest liquidation events.
U.S. spot Bitcoin ETFs bled $2.8 billion across nine consecutive sessions, the longest outflow streak since their January 2024 launch, with $733 million leaving on May 27 alone.
Treasury disclosed that $1 billion in Iranian crypto has been seized under Operation Economic Fury.
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