Geopolitics, Iran, crypto... A disgusting market... What does all this tell us?
Straits over the weekend, no rebound - technical? Come on... It's much more interesting and banal...
Liquidity — almost zero, as if someone is carefully pulling it off the market.
And here, it's no longer about patterns. It's geopolitics.
Currently, Iran is in focus — a country that has long been using stablecoins as a digital dollar. And yes, even their Central Bank is moving liquidity through stablecoins. The volumes are such that any movements around this topic hit the entire crypto market. #IranTradeSanctions
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Geopolitics, Iran, crypto... A disgusting market... What does all this tell us?
Straits over the weekend, no rebound - technical? Come on... It's much more interesting and banal...
Liquidity — almost zero, as if someone is carefully pulling it off the market.
And here, it's no longer about patterns.
It's geopolitics.
Currently, Iran is in focus — a country that has long been using stablecoins as a digital dollar.
And yes, even their Central Bank is moving liquidity through stablecoins.
The volumes are such that any movements around this topic hit the entire crypto market.
#IranTradeSanctions