🚨 MARKET ALERT — $BTC
Bitcoin is soaring in Iran 🇮🇷 — however, the key issue isn't the surge of Bitcoin itself… It's the downfall of the Iranian currency.
The rial is swiftly diminishing in its buying capacity. The prices of everyday items are increasing, and inflation has exceeded 100%. People can’t depend on their cash to maintain its value 💸
Thus, Bitcoin has surged over 2,600% in real terms — not mainly because BTC is rallying on a global scale, but due to the disintegration of the local currency.
This goes beyond just a crypto news piece.
It serves as an economic alert.
As faith in fiat wanes → capital seeks safety in Bitcoin ⚡
#Bitcoin #Macro #Inflation #CryptoStrategy
BTC
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