US Rally and Iran Crash: Bitcoin Volatility in 24 Hours
The cryptocurrency market witnessed a dramatic 24 hours, with the US contributing to a rally in Bitcoin and a crash in Iranian assets.
On the other hand, the Iran-based exchange, Parsian, saw a significant crash in its Bitcoin price, with a drop of over 10% in a single day.
The reasons behind this crash are unclear, but it is likely due to the ongoing US sanctions on Iran.