The Bitcoin price dropped below $73,000 this week after US military strikes near the Strait of Hormuz triggered a wave of liquidations that wiped nearly $1 billion in leveraged crypto positions. Traders who positioned for a recovery found themselves on the wrong side as 93% of the liquidated capital came from longs.
While the Bitcoin price tested multi week lows, Pepeto kept raising capital through its presale, now past $10 million. This article breaks down where Bitcoin sits after the crash and why presale entries matter most when larger coins pull back.
US Iran Strikes Send Bitcoin Below $73K and Trigger $1 Billion in Liquidations
Bitcoin fell to $72,622 on May 28 as US Central Command struck an Iranian military site near the Strait of Hormuz, according to CoinDesk. CoinGlass data showed $958 million in total liquidations across 167,706 traders, with Bitcoin leading at $386 million and Ether at $240 million, as CoinCentral reported.
Analyst Captain Faibik warned that losing $72,000 could trigger a 20 to 25% further drop. The crash exposed every wallet positioned for gains, but it also opened a window where the smartest capital quietly moves into earlier positions.
Bitcoin Price Outlook and Tokens Drawing Capital in 2026
Pepeto
The Bitcoin price crash reminded the market that even the largest crypto can lose 4% in one session when geopolitical risk arrives, and Pepeto is at presale pricing while that fear keeps most traders frozen.
Pepeto is a meme coin exchange ecosystem built for traders who know that real wealth comes from entering before the listing, not from buying dips on coins that already ran. While the crash pulled $733 million out of Bitcoin spot ETFs in a single day, the Pepeto presale kept filling because wallets at this stage are not reacting to headlines. The cross chain bridge moves assets across blockchains without friction, and the PepetoAI risk scorer grades every trade from entry to exit so the retail wallet stays protected.
The mind behind the first Pepe token is part of the team, and a SolidProof audit confirms the contract is clean. Over $10 million has been committed by wallets that moved before the crowd, and with a former Binance expert on the team and a Binance listing expected after the presale closes, the setup points to one outcome. No recovery from $74,000 can match the returns from buying at $0.0000001873 before a token touches a public exchange.
Bitcoin
Bitcoin traded near $74,000 on May 29 after recovering from its $72,622 low, roughly 42% below its October 2025 all time high of $126,198, according to CoinDesk. Support at $72,000 needs to hold, because a break opens the door to a 20 to 25% further drop. A bounce toward $77,000 requires positive ETF flows within 48 hours of the low, and until that signal appears the price remains vulnerable to another flush driven by geopolitical headlines.
XRP
XRP slipped 3.6% to $1.32 during the broader crypto selloff, as BeInCrypto reported. Support at $1.32 held, but even if XRP reclaims $1.40 resistance and pushes toward $1.60, the gain from current levels stays in single digits, a fraction of what a presale to listing entry can produce for wallets willing to commit early.
Conclusion
The Bitcoin price crash below $73,000 proved that even the most established crypto is not safe from geopolitical shock, and the $386 million in BTC liquidations showed how many wallets were caught wrong. But the returns that change outcomes in a cycle come from presale entries, not from grinding toward old highs.
Pepeto carries the kind of traction that early Bitcoin wallets would recognize, because the instinct that drove traders to buy BTC at fractions of a cent in 2010 is exactly the instinct moving capital into this presale at $10 million raised, and those wallets always spot these early setups first. The entry on the Pepeto official website is still at presale pricing, but once the Binance listing opens that window closes permanently.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What caused the Bitcoin price to drop below $73,000?
US military strikes near the Strait of Hormuz triggered $958 million in liquidations, with Bitcoin leading at $386 million and 93% of losses coming from long positions.
What is the Bitcoin price target after the Iran selloff?
Analysts watch $72,000 as critical support, with a bounce to $77,000 possible if ETF inflows return, while a break below opens a 20 to 25% further correction.
How does the Bitcoin price recovery compare to Pepeto’s presale entry?
Bitcoin’s path from $74,000 depends on macro forces no trader controls. Pepeto is at presale pricing on the Pepeto official website with a Binance listing expected, offering a different scale of returns entirely.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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