Bitcoin Holds Above $73K After Dip as Crypto Markets Halt Decline

Crypto markets posted a modest 1% recovery in total capitalization on May 29, with Bitcoin stabilizing just above $73,000 after briefly trading below that level. The tentative rebound follows a sharp selloff from the $76,100-$78,000 range maintained through mid-May, triggered by $333 million in spot-BTC ETF outflows, a $1.3 billion dark-pool IBIT sale, and over $350 million in liquidations by May 27. Throughout the period, capital rotated selectively into AI tokens such as NEAR (+28.5%) and HYPE (+60%), while policy developments including Trump's executive order and a revived Bitcoin reserve bill provided limited support amid rising yields and institutional outflows.