Bitcoin, which has soared due to the conflict between the United States and Iran, is showing signs of rising again on the negotiating breach. US Treasury Secretary Steven Manusin has announced that he will impose additional sanctions on Iran.


Bitcoin skyrocketed shortly after the United States killed Iran's military commander Kasem Soleimani on Wednesday. Following Iran's retaliation for missile attacks on US military bases in Iraq on the 8th, Bitcoin soared to 16 million won, a 16% increase from the beginning of the year.


Since Bitcoin is not under government control, it is treated as a kind of 'unfair currency' or 'value asset such as gold' in an unstable region. In fact, as the situation in the Middle East such as Syria became unstable last year, it was observed that cryptocurrencies such as Bitcoin were purchased in the region.

According to the global market for cryptocurrency market 'Coin Market Cap' on the 12th, Bitcoin is trading at $ 8,213, up 4% from the previous day. Bitcoin jumped more than 500,000 won in half a day.


Bitcoin, which turned down, is on the rise as tensions between the US and Iran rise. According to Reuters, Mr. Mannusin told a White House news conference earlier Monday that he will "sanction Iranian officials who said he was involved in Iranian manufacturing, mining and textiles as well as US military base attacks."

However, as President Trump made a statement on the 9th of last month's negotiations with Iran, a `` sold out '' atmosphere was formed in the cryptocurrency trading industry, and Bitcoin was traded for 8.9 million won on the 10th.

However, investors should pay attention to such abnormal bitcoin surges as they are one-off favorable. An official in the domestic trading industry said, "While the international crisis, whales (large-scale investors) pumping bitcoin prices have appeared," he stressed. "Investors must always be cautious."