Price of Bitcoin Hits $26K on Iranian Exchange

Home / Price of Bitcoin Hits $26K on Iranian Exchange

After Iranian government recognised mining as a separate industry, there was a staggering surge of interest in the cryptocurrency. Thus, the rate of largest cryptocurrency skyrocketed to $26,000 in just a few hours. In light of this, country’s currency, Iranian Riyal, has devalued several times against the US dollar. Experts suggest that the tendency of weakening national currencies in developing countries has become global, for example in Venezuela, Colombia, Argentina – an interest in BTC in these countries is actively growing.

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