Cryptocurrency market promoted in Iran despite worries
Hooman Abedi
Press TV, Tehran
The value of a single Bitcoin reached over 58,000 dollars for the first time in mid-February. Some major companies like MasterCard have announced that they are bringing a cryptocurrency onto their network and Tesla bought 1.5 billion dollars of Bitcoin earlier this year. While traditional financial gatekeepers are now expressing concerns about the future of cryptocurrency, many believe the rise of cryptos reflect a decline of the US dollar’s global influence.
Bitcoin, Ethereum, Tether, Tron, and many others are the names we hear these days more than ever as the value of crytocurrency has increased staggeringly during the past year.
The new phenomenon’s bull market in the past year encouraged many around the world and also in Iran to invest in the field.
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