Is the Bitcoin Bull Market Over? Why BTC’s $73K Flush Is Trapping Late Buyers
Bitcoin (BTC/USD) has triggered an aggressive liquidation event, crashing down to near $73,000 on May 28, 2026, as a wave of high-volume selling sweeps through the derivatives markets. While Wall Street has spent the month celebrating a resilient equity bull run, Bitcoin has succumbed to a sharp risk-off rotation. The primary headwind stifling the leading crypto is a massive structural repricing of U.S. interest rate expectations. April's sticky, hotter-than-expected CPI print continues to reverberate across trading desks, convincing investors that the Federal Reserve under Chair Kevin Warsh will maintain a highly restrictive policy path.