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What Did Bitcoin Prove After Iran and US Tension? by e-r-k-a-n

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· @e-r-k-a-n ·
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What Did Bitcoin Prove After Iran and US Tension?
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 <p>The world's leading crypto currency, Bitcoin, has seen a significant rise amid tensions between Iran and the United States earlier this week. The US drone attack and Iran's response to it by firing rockets at the US base certainly blurred the macro-economic image. Gold rose by 3%, while Bitcoin rose to $ 8,400 and proved to be in the same category.<br><br>Although the later settled image again lowered the price of BTC, it proved a significant case of Bitcoin:<br><br>โ€œBitcoin increases its value with increasing global tension.โ€<br><br>Galaxy Digital's famous name Mike Novogratz and Joshua Green, founder of Digital Asset Capital Management, announced that Bitcoin has such a feature. However, the news that the prices of Bitcoin in Iran reached up to $ 23,000 did not reflect the truth. Did the Iranian people actually buy Bitcoin during the crisis?<br><br>Has Bitcoin Really Increased in Iran?<br>Hadi Nemati, COO of Iran-based Bitfolio Capital, said that as of summer 2019, many Iranian citizens began to recognize Bitcoin. According to Nemati, this was mainly due to the low level of electricity prices triggering Bitcoin mining. Bitcoin has been heard and spread almost all over Iran with news from many mainstream media channels. Despite this, there are very few active Bitcoin traders, and Miners are the most active group in the country's crypto-currency sector, Nemati said. Iranians do not buy too much BTC for the time being.</p>  

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