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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

$63,137.07

+0.05%

$63,137.07

+0.05%

(24s)

24h Volume

$2,857,627,892.64

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.7%

Long: 68.7%Short: 31.3%

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,164.00

▲ 0.12%

Volume (24h): -

Resistance Levels

Resistance 3$66,088.35

Resistance 2$64,507.45

Resistance 1$63,398.11

Price$63,164.00

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.9

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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