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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

$61,345.99

-2.19%

$61,345.99

-2.19%

(24s)

24h Volume

$30,361,360,302.56

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

67.8%

Long: 67.8%Short: 32.2%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,280.09

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,339.48

Resistance 1$61,871.62

Price$61,280.09

Support 1$61,067.23

Support 2$59,097.49

Support 3$52,643.43

Pivot (PP):$61,309.14

Trend:Downtrend

RSI (14):34.2

CoinDesk Staff

(06:47 AM UTC)

1 min read

Verified bySarah Chen

1042 views

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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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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