Great news! Iranian President confirms U.S.-Iran Memorandum of Understanding to be signed on the 19th



The Iranian President officially announced that Iran and the United States will sign a memorandum of understanding on the 19th, which is an obvious short-term positive for the crypto market.

Previously, tense U.S.-Iran relations and the risk of conflict in the Middle East caused funds to flee to safe havens, making cryptocurrencies like Bitcoin more likely to fall.

Now that the situation has eased, market risk appetite has increased, and funds are willing to flow back into the crypto market.

At the same time, instability in the Middle East would push up oil prices, raising global inflation and preventing the Federal Reserve from cutting interest rates.

With the reduced risk of conflict, oil prices have fallen, easing expectations for rate cuts, and a loose environment will drive crypto prices higher.

Additionally, Iran has been under long-term sanctions, with many civilians using cryptocurrencies for cross-border transfers. As relations improve, there will be increased capital inflows into the local market.
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GateUser-61c00236
· 1h ago
are we going to get our desired bull rull or 2021 type of run where small investments became millionaires.
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