Bitcoin experienced a significant downturn on Thursday, May 28, 2026, sliding beneath the $73,000 threshold for the first time in several months following airstrikes conducted by U.S. Central Command on Iranian military infrastructure located near the strategically important Strait of Hormuz. During Asian market hours, BTC reached a session low of $72,912, representing a 3.4% decline over the preceding 24 hours and a 6.3% drop across the previous seven-day period, based on CoinDesk market data. Cryptocurrency analyst Captain Faibik identified a troubling technical formation, cautioning that Bitcoin appeared to be ... (full story)