Iran: Strikes U.S. Air Base

May 28: Per Bitget market data, spot silver touched down to $72 per ounce with an intraday drop of 3.54%; spot gold is currently trading at $4,375.65 per ounce, down 2.00% on the day.

On May 28, Bitget market data shows the Seoul Composite Index dropped as much as 4% intraday, with SK Hynix and Samsung both falling over 3%.

On May 28, monitoring data from Onchain Lens shows that a trader known as "Buddy" had his 25x leveraged long position in Ethereum (ETH) liquidated once more, leading to a single-trade loss of over $1 million. Immediately following the liquidation, Buddy quickly opened another 25x leveraged long position on ETH. Separately, Onchain Lens records indicate that Buddy has accumulated total losses of $78.38 million since September 2025.

Per HTX data, Bitcoin dipped below $73,000 on May 28, with a 24-hour decline of 3.52%, and is currently trading at $72,985.

May 28. Today, Bitcoin slipped below $74,000, Ethereum broke below the $2,000 threshold, Solana (SOL) struggled to hold above $80, and HYPE and ZEC pared some of their recent gains. Meanwhile, spot gold and silver tracked the broader global market slump: gold dropped below $4,400 an ounce, and silver fell below $73 an ounce. U.S. stock index futures, plus South Korean and Japanese equities all declined in lockstep. The crypto market couldn’t escape the weak trend, fueled by consecutive outflows from U.S. spot ETFs in recent days. Below are key analysis points compiled by BlockBeats ahead of and during this latest downturn: As Kevin Warsh was formally sworn in as Federal Reserve Chair, kicking off the "Warsh Era," market bets on further Fed rate hikes have surged. CME Group’s FedWatch data shows traders now expect the Fed to raise rates again by 2026, with odds nearing 70% — a sharp reversal from the start of the year, when the market had largely priced in a rate-cut cycle. On the geo

On May 28th, Hyperinsight Monitoring reported that the crypto market saw a short-term downturn, as well-known liquidation address "Big Brother" Huang Licheng’s ETH long position was liquidated again. A total of 3,520 ETH (valued at roughly $7.07 million) was liquidated, nearly clearing out his entire account. But the real hard-hit area in this round of decline was BTC long positions: two high-leverage addresses had positions worth tens of millions liquidated consecutively, both far exceeding the loss of "Big Brother". Details are as follows: Whale Address 0xaea: Liquidated twice, with a total of 208 BTC longs liquidated – approx. $15.3 million in value, leading to a loss of ~$270k, marking the largest single liquidation event across the entire network. Whale Address 0x76d: Before hitting the liquidation price, the address manually closed positions four times, ending up with total liquidation of 497 BTC longs (valued at around $31.9 million) and a loss of roughly $460k. Addresses: 0