Bitcoin Falls to Two-Week Low
2026-05-18 03:57
By
Kyrie Dichosa
1 min. read
Bitcoin fell to around $76,000 in mid-May, hitting its lowest level in more than two weeks as uncertainty surrounding the US-Iran war weighed on risk appetite.
President Donald Trump continued to adopt a tougher stance toward Tehran as talks between Washington and Iran remained stalled, while reports emerged that energy facilities in the Persian Gulf were struck over the weekend.
The developments fueled fears of stronger inflation and triggered broad risk aversion across financial markets.
Consequently, more than $1 billion flowed out of US-listed spot Bitcoin ETFs last week, marking the first weekly outflow above that level since late January.
Limiting further losses, a Senate panel recently approved the Clarity Act, the first broad piece of legislation aimed at regulating the crypto industry in the US.
The move was seen as a positive step toward clearer regulatory frameworks for digital assets, potentially supporting institutional participation and long-term adoption.