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Bitcoin hits $78K but quickly drops $3K amid US-Iran tensions

Market News
27 May 2026
Crypto Economy
View Source
Bearish
pluang ai news

Bitcoin briefly surged to $78,000 after recovering from below $74,500, but the rally faltered as the price fell about $3,000 to $75,200. This sharp reversal coincides with reports of renewed US-Iran military strikes, which may be causing market uncertainty. Investors should watch for further geopolitical developments that could impact Bitcoin's price movements.

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