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Cryptocurrencies trade sideways as Trump delays Iran deal, Bitcoin eyes key $73,000 weekly close for bullish signal.

Market News
31 May 2026
Benzinga
View Source
Neutral
pluang ai news

Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin showed little movement as President Trump expressed no urgency to finalize an Iran deal, keeping market sentiment cautious. Bitcoin fluctuated between $73,300 and $74,300, with analysts noting that a weekly close above $73,000 could confirm a bullish breakout. Ethereum struggled near $2,000 resistance, while overall crypto market capitalization dipped slightly to $2.49 trillion. Despite uncertainty, futures markets edged higher, reflecting cautious optimism amid geopolitical tensions.

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