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 observes to "sit back and relax" with the ceasefire still absent.

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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