To reopen the Strait of Hormuz, Iran is charging tankers $1 per barrel payable in Bitcoin.

~20 tankers per day

~2M barrels per ship

~20M barrels pass through this strait every day

→ That’s ~$20M worth of Bitcoin purchased daily,

~$7.5B in buying pressure per year

Bitcoin is entering the big leagues. It’s becoming a geopolitical tool 💎

#bitcoin #cryptomarket #cryptoinvesting #iran #geopolitics $BTC $ETH

Disclaimer: This content is for educational purposes only and does not constitute financial advice. Always do your own research before investing in cryptocurrencies. Past performance is not indicative of future results.

SOL
SOLUSDT
83.29
-3.24%

BTC
BTC
74,224
-0.28%

ETH
ETHUSDT
2,323.16
-1.85%