Bitcoin Soars in Iran Amid Currency Collapse.
Bitcoin is surging in Iran 🇮🇷, but it’s not because Bitcoin itself is becoming more valuable. Instead, it’s because the Iranian rial is rapidly losing value. With inflation exceeding 100% and prices climbing every day, Iranians are struggling to keep up with the cost of living.
Measured in Iranian rials, Bitcoin has increased by more than 2,600%, reflecting the dramatic decline of the local currency rather than Bitcoin’s global price change.
This isn’t just a crypto story—it's a sign of serious economic trouble. As fiat currencies fail, people are turning to Bitcoin as a safer alternative, marking a significant shift in Iran’s financial landscape.
When fiat fails, Bitcoin prevails.⚡
BTC
95,642.69
-0.94%