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Iran crypto balloons to $8bn with Bitcoin price up 2,000% as economy crumbles, Chainalysis finds - dlnews.com

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Iran crypto balloons to $8bn with Bitcoin price up 2,000% as economy crumbles, Chainalysis finds - dlnews.com

A recent report by Chainalysis reveals that cryptocurrency investments in Iran have surged to $8 billion, coinciding with a staggering 2,000% increase in Bitcoin prices. This growth comes amid a deteriorating economic situation in the country, highlighting the rising reliance on digital assets as traditional financial systems face challenges.

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Source: Google News Crypto · Report an issue