Iran plans to introduce a crypto toll for oil tankers passing through the Strait of Hormuz — ~$1 per barrel, payable in Bitcoin. With ~20M barrels/day, that’s ≈ $7.3B yearly outside the dollar system 💵
BTC nearly touched $73K before pulling back — markets see this as a mixed signal.
Bullish side:
• steady demand for $BTC
• stronger real-world usage in global trade
Bearish side:
• recipients are Iranian state-linked entities
• potential regulatory backlash
• could be used as an argument against crypto
🐃 Bullish for adoption narrative, but politically toxic. 🍄
#IranDemandsBTC #IranBTCDemand #IranClosesHormuzAgain
BTC
72,065.09
+0.93%