Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Bitcoin drops to five-week low amid ETF outflows, Iran tensions
short by Jessica Rajan / on Thursday, 28 May, 2026
Bitcoin fell to its lowest level in more than five weeks as concerns over the economy and ETF outflows hurt investor sentiment. The cryptocurrency dropped nearly 1.5% to $74,017 in Singapore on Thursday, while Ether declined over 2%. Investors are worried that the ongoing US-Iran conflict could drive inflation and lead to higher interest rates, weighing on crypto markets.
read more at Moneycontrol