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Crypto News Digest
Thursday, May 28 2026 · 9:31 AM ET
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Bitcoin
$73,460
▼ -2.0%
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S&P 500
7,510
▼ -0.1% (open)
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Crude Oil
$89.37
▲ +1.1% at open
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Gold
$4,453
▲ +0.1% at open
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Must Know Today
US military struck Iranian drones in Strait of Hormuz overnight — BTC drops to 6-week low $73,460, ~$900M in longs wiped
BlackRock IBIT logged $527.84M in outflows Wednesday — 2nd-largest single-day outflow since debut; 6-day streak hits $1.55B total
PCE inflation report (Fed's preferred gauge) due 8:30 AM ET today — hot print above 3.5% puts rate hikes back on the table
Ceasefire odds on Polymarket collapsed from 70% to 8% in 72 hrs — Iran escalation is the dominant risk variable today
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Watch this week
US-Iran strikes escalated sharply overnight — WTI back above $89, BTC at 6-week lows, ETF outflows accelerating, and PCE data drops today. Hot PCE + no ceasefire = double stagflation signal. Worst-case combo pushes BTC through $70K and WTI back toward $95+.
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ETF Flows
6-day outflow streak: $1.55B net out; IBIT shed $527.84M Wednesday (2nd-largest daily outflow ever); YTD net inflows shrunk to ~$536M
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Full breakdown — 6 sections, catalysts, live charts, Fear & Greed →
Read Full Digest
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Generated daily at 9:31 AM ET · crypto-news-digest.vercel.app
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