Fate of Crypto Post Death of Iran Prez in Chopper Crash Could Be Impect On Crypto $BTC
Following the unfortunate demise of Iran’s President Ebrahim Raisi and his Foreign Minister in a helicopter crash on Sunday evening.
Iran, considered as a counter-weight in the Middle East, is heavily invested in crypto as statistics predict a 14.47% growth in crypto revenue from 2024 to 2028. Recently, Iran and Russia had teamed up to release a ‘BRICS digital currency. The West- America to be precise- has accused Iran of bypassing sanctions through crypto trade.
In the global financial markets, the deaths of Iran’s high-profile figures could also influence global investment trends, particularly in commodities like oil and precious metals, which could indirectly affect the cryptocurrency markets due to their increasing correlation with broader financial markets.
