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BTC Price Eyes Recovery As Iran Adopts Bitcoin for Oil Transit Fees

BTC Price Eyes Recovery As Iran Adopts Bitcoin for Oil Transit Fees

Iran has required all the ships passing through the Strait of Hormuz to pay their transit fees in Bitcoin, a move that could boost demand significantly. Meanwhile, the daily chart shows that BTC price has been making a steady recovery for nearly two weeks, leading to the formation of a bullish pattern with a target

The post BTC Price Eyes Recovery As Iran Adopts Bitcoin for Oil Transit Fees appeared first on CoinGape.

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