Sentiment: Negative
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Did Iran Blackouts Cause Bitcoin’s $72K Surge?
By Sohrab Khawas at 2026-03-05 22:10
Sentiment: Negative
The post Did Iran Blackouts Cause Bitcoin’s $72K Surge? appeared first on Coinpedia Fintech News A theory claiming Iran’s blackouts cut cheap mining and eased selling pressure as Bitcoin jumped from below $63,000 to over $72,000 doesn’t hold up, experts say. While Iran historically benefited from ultra‑low electricity costs that made mining cheap, its share of the global Bitcoin hashrate has fallen to a low single digit and contributes only … Continue reading...
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Tags: #Short News #Crypto news
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