Cryptocurrency3 Jun 2026SEO 801 min read

Analysis: Live markets: What's next as bitcoin re-tests February low for third time

Floating around social media is the idea that it's Iran, not the selling of Michael Saylor's Strategy, that's behind much of this week's pr…

Floating around social media is the idea that it's Iran, not the selling of Michael Saylor's Strategy, that's behind much of this week's price crash. Last week, Treasury Secretary Scott Bessent announced more than $1 billion of Iranian crypto assets (not bitcoin) had been frozen. And then yesterday, the U.S. announced sanctions on Nobitex , Iran's largest cryptocurrency exchange, accusing it of helping the Iranian government and others evade their own sanctions via digi…

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