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via CoinDesk · By CoinDesk Staff

Iran may be turning the Strait of Hormuz into a bitcoin insurance market

BTC

BTC/USDT

$79,656.79

-0.03%

$79,656.79

-0.03%

(24s)

24h Volume

$7,297,360,206.86

24h H/L

$80,200.00 / $79,577.00

Change: $623.00 (0.78%)

Long/Short

52.9%

Long: 52.9%Short: 47.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,810.00

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$79,878.00

Price$79,810.00

Support 1$79,635.96

Support 2$77,546.36

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.7

CoinDesk Staff

(06:47 AM UTC)

1 min read

Verified bySarah Chen

0 comments

State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.

Iran may be trying to turn the Strait of Hormuz into an insurance market.

State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait using marine insurance policies and financial…

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CoinDesk Staff · CoinDesk

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