Bitwise CEO Cites Bitcoin Hedge As Iran Rial Hits Record Low

Bitwise CEO Hunter Horsley said Bitcoin can help preserve purchasing power as Iran’s currency crisis deepens, citing the rial’s decline.
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Bitwise CEO Hunter Horsley said in that Bitcoin can help individuals preserve purchasing power as Iran’s currency crisis intensifies, pointing to the rial’s slide and protest activity covered by the Financial Times.

The rial was reported at roughly 1.4 million per $1 in December, down more than 40% since June 2025. Inflation was cited at 42.2%, with food prices up 72% year over year, tightening the operating environment for households and merchants. Reports also referenced closures at Tehran’s Grand Bazaar and demonstrations across multiple cities, alongside demand for traditional hedges such as gold coins.

What to watch now is the policy response and any further restrictions that could impact capital flows and access. The same reporting argues that Bitcoin’s fixed supply and distance from domestic monetary policy can look compelling in a debasement cycle, even as volatility remains a key risk factor.

Source: Financial Times.


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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