SAEDNEWS: After news of a temporary Iran-U.S. ceasefire, Tether fell about 14,000 tomans, while Bitcoin jumped past $72,000. Analysts link the shift to lower dollar demand and a return to digital assets.
According to Saed News’ cryptocurrency service, citing Jamaran, following the announcement of a temporary ceasefire between Iran and the United States, the foreign exchange and cryptocurrency markets have experienced significant fluctuations.
Economy News, referencing Jamaran, reports that the price of Tether—a key indicator of the dollar rate—has fallen by 14,000 tomans so far.
Meanwhile, Bitcoin has risen by several percentage points, surpassing $72,000 and reaching its highest level in recent weeks. Experts believe that easing geopolitical tensions could reduce the psychological pressure on the dollar market and create a fresh opportunity for investors to enter the cryptocurrency sector. Some analyses also suggest a possible temporary increase in liquidity in the crypto market and the stabilization of Bitcoin above the $70,000 range.
