⚡🇮🇷 ALERT - Bitcoin went parabolic in Iran
Iran’s fiat is imploding. The rial has collapsed massively against the dollar as inflation explodes and confidence in banks tanks. That makes saving in local cash feel like burning money.
People start looking for alternatives that don’t evaporate overnight. That alone drives demand for BTC as a store of value outside the rial.
Sanctions squeeze traditional banking hard, so bitcoin becomes a practical workaround for liquidity, cross-border movement, store of value, and even paying for imports or moving capital. Especially with the rial spiraling.
Summed up: hyperinflation + fiat collapse + sanctions + mining arbitrage + alternative finance needs = BTC parabolic action in Iran.
Iran’s fiat is imploding. The rial has collapsed massively against the dollar as inflation explodes and confidence in banks tanks. That makes saving in local cash feel like burning money.
People start looking for alternatives that don’t evaporate overnight. That alone drives demand for BTC as a store of value outside the rial.
Sanctions squeeze traditional banking hard, so bitcoin becomes a practical workaround for liquidity, cross-border movement, store of value, and even paying for imports or moving capital. Especially with the rial spiraling.
Summed up: hyperinflation + fiat collapse + sanctions + mining arbitrage + alternative finance needs = BTC parabolic action in Iran.