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Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks
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Bitcoin’s recent price jump after the U.S. killing of a top Iranian general has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil. The cryptocurrency changed hands around $7,500 on Monday, up about 10 percent since
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Bitcoin may be drawing haven demand on US-Iran tensions, according to prominent analysts, and could soon confirm an inverse head-and-shoulders breakout on the daily chart with a UTC close above $7,580. A daily chart indicator is reporting the strongest bullish bias in two months. A breakout would create room for
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