April 12, 2026

Iran’s currency collapses to $0, sparking interest in Bitcoin

Suspected insider wallets rack up $1.2M betting on ZachXBT’s Axiom exposé

Iran’s currency has collapsed, now officially valued at $0, amidst ongoing US-led sanctions that have isolated its banking system and worsened currency instability. The situation highlights a trend of persistent hyperinflation affecting the rial, fueled by economic isolation and controversial fiscal policies, leading many in Iran to consider Bitcoin as a potential store of value beyond fiat controls.

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