Well, folks, hold onto your hats! Some bright minds have come up with the theory that Iran’s blackouts might have kicked Bitcoin’s price from a humble $63,000 all the way up to a shiny $72,000. But guess what? According to the so-called “experts” (who probably do know a thing or two), this idea doesn’t hold water-at least, not the kind you’d want to drink. It turns out, Iran’s cheap electricity once made it a mining haven, but now? Iran’s little slice of the global Bitcoin mining pie is so small you’d need a microscope to see it. The disruption from a couple of blackouts? Barely a ripple in the vast ocean of Bitcoin mining.
So, what really sent Bitcoin soaring? Well, surprise, surprise-ETF inflows, some short liquidations, and a broader market recovery. No sign of any massive hash power loss or on-chain sell-offs. In short: no blackout drama here, folks, just regular old market magic.
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2026-03-05 16:21