Iranian rial hits record low of 2.5 million per dollar, bitcoin back in focus
- —The rial hit 2.5 million per dollar, with the dollar more than doubling over the year
- —The rial lost 18.8% against the dollar in a month
- —About $10.3 million in crypto left Iranian exchanges after the Feb 28–Mar 2 strikes
- —Nearly 60% of the largest wallets receiving those funds kept holding them
Why it matters: The rial's slide is driving demand for bitcoin and USDT as savings vehicles, though sanctions and internet curbs limit the scale of flows.
Source: Happycoin.club