Trump says Iran will ‘work out well’: Five things to know in Bitcoin this week

Bitcoin price headed below $72,000 on Iran woes as US President Donald Trump told observers to “sit back and relax” with a ceasefire still unresolved.

Bitcoin (BTC) heads into June with new local lows as the US-Iran war drives crypto market nerves.

News of strikes on Iranian targets keep the Middle East conflict firmly on the radar as a source of crypto market volatility this week.

Exchanges of fire meant that BTC price action quickly came under pressure following the monthly close, dropping below $73,000.

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