CRYPTO OUTFLOWS

A burst of withdrawals hit Iran’s leading crypto market when the US and Israel began air attacks on Tehran. Within minutes, the Nobitex platform recorded a 700‑percent jump in crypto outflows, sending more than half a million dollars abroad. In the hour that followed, the total exceeded three millio

Crypto investment products have seen a big drop in value recently. Over the past four weeks, investors have pulled out $4. 9 billion from these funds. This is the third-largest withdrawal since 2018. The main reason? A mix of people selling their crypto and the value of cryptocurrencies going down.