Iranian crypto outflows spike 700% after US-Israeli airstrikes

Following recent US-Israeli airstrikes, Iranian cryptocurrency outflows surged by 700%. This dramatic increase reflects heightened economic uncertainty and a rush to secure assets amid geopolitical tensions. Analysts suggest that the spike in crypto transactions indicates a growing trend among Iranians to use digital currencies as a means of preserving wealth. The situation underscores the impact of international conflicts on local economies and the rising importance of cryptocurrencies in volatile regions.

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