With the record-breaking price of Bitcoin in global exchanges, the value of this cryptocurrency in Iranian exchanges also experienced a significant growth and reached 7.5 billion tomans for the first time.
According to the Bitcoin price chart in the Nobitex exchange, the value of each unit of this cryptocurrency reached 7,498,995 Tomans in the early hours of this morning Iran time, and then a record of 7.5 billion Tomans was recorded.
Why did the price of Bitcoin grow?
Bitcoin, which is considered the largest and most popular cryptocurrency in the world, started its work about 16 years ago and has been setting price records in recent months. The price of this cryptocurrency has more than doubled in the last year.
A number of factors have contributed to BTC’s rise in price, but none has been as dramatic as the US presidential election. Since the selection Donald Trump As the new president, Bitcoin has experienced a 45% growth.
In addition to the American elections, other factors have also affected the increase in the price of Bitcoin; Including the official approval of ETFs of this cryptocurrency by the US Securities and Exchange Commission.
At the moment of writing this article, each Bitcoin unit is traded at the price of 7.49 billion Tomans in Iranian exchanges.
Note: This article does not contain Zomit’s economic advice and is for informational purposes only.
