Bitcoin slipped near the $70,000 mark, hitting a seven-week low as escalating US-Iran tensions triggered risk-off sentiment across global markets. More than $744 million in crypto positions were liquidated in 24 hours, while ETF outflows and weakening market sentiment added pressure on the world's largest cryptocurrency.

Bitcoin begins the week with a trip below $73,000 as macro forces square off with misgivings about the Bitcoin bear-market bottom.

Bitcoin falls below $72K amid US-Iran tensions. Bitcoin above $76K on June 2 at 1.1% YES.