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Iran sanctions raise U.S. China tensions, lifting Bitcoin risk appetite
The latest Iran-related sanctions could increase broader geopolitical strain between the U.S. and China, a backdrop CNBC links to renewed investor interest in Bitcoin.
CNBC World said new sanctions targeting Iran could stoke tensions between the United States and China.
The outlet added that the geopolitical risk backdrop is arriving as risk appetite for Bitcoin appears to be returning.
CNBC World framed the move as a cross-current between geopolitical developments tied to sanctions and sentiment in crypto markets.
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