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The Nexus
BUSINESSMay 28 · 15:43 UTCBITCOIN MAGAZINEMicah Zimmerman

Bitcoin Price Falls 5.5% in 5 Days to Below 73,000 as Spot ETF Outflows Accelerate

Bitcoin's price fell over 5.5% in five days, dropping below $73,000 amid surging spot ETF outflows and U.S.-Iran tensions. BlackRock’s iShares Bitcoin Trust saw $527.84 million in net outflows, part of a broader $733.43 million retreat across U.S. bitcoin ETFs, while a $1.29 billion dark-pool block trade in IBIT shares exacerbated market pressure.

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Mentioned
BitcointopicBlackRock’s iShares Bitcoin TrustorganizationGrayscale’s GBTCorganizationFidelity’s FBTCorganizationMorgan Stanley’s MSBTorganizationU.S.-Iran tensionstopicStrait of Hormuzplace
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