Bitcoin Reclaims $74K on Iran Ceasefire Hopes After $72.6K Low

Bitcoin rebounded toward $74,000 after hitting a seven-week low of $72,620 on May 28 amid U.S.-Iran strikes that triggered over $930 million in liquidations and $733 million in spot-Bitcoin ETF outflows. Renewed ceasefire extension hopes and resilient global equities supported a modest recovery, though institutional selling and extreme-fear sentiment continue to cap gains below $74,000. The week closed with a roughly 6% decline as traders monitor geopolitical developments and ETF flows.