RATE Group | Bitcoin Hits $24,000 In Iran After Government Okays Mining
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Bitcoin Hits $24,000 In Iran After Government Okays Mining

06 Sep Bitcoin Hits $24,000 In Iran After Government Okays Mining

Posted at 04:54h in Bitcoin News by

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Bitcoin Hits $24,000 In Iran After Government Okays Mining

Markets and Prices

The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go?

Also Read: Iran Officially Recognizes Cryptocurrency Mining

Falling Rial, New Policy Spur Iran Bitcoin Bull Market

The price of BTC in Iran rose sharply on Wednesday after the government of President Hassan Rouhani approved plans to mainstream bitcoin mining – and as the local currency nosedived.

Bitcoin Hits $24,000 In Iran After Government Okays Mining

BTC hit a world record $24,000 on the Iranian exchange EXIR, eclipsing its previous high of $20,000, as investors piled into the digital currency in…

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