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Bitcoin dips as Iran oil returns to the dollar system

Bitcoin’s latest weakness cannot be explained only by ETF outflows or a cooling of large-holder demand. There is another layer that has not been sufficiently priced into the discussion: Iran’s partial return to legal, dollar-linked oil settlement. I would not call it the single cause of Bitcoin’s decline. It is better understood as one structural The post Bitcoin dips as Iran oil returns to the dollar system appeared first on Asia Times.

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