Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’

Iran’s national currency has crashed to its record low against the U.S. Dollar as the country prepares to face economic sanctions imposed by the Trump administration. The Iranian Rial, which was just beginning to gain momentum after years of depreciation, set a new low on Monday, trading on an average at 100,000 Rials on the

The post Iran’s Bitcoin Volume Soars as Rial Value Enters ‘Death Spiral’ appeared first on CCN


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.