The U.S-Iran war is continuing to escalate day by day, with a recent fresh threat by U.S. President Donald Trump. Seeing this, even Polymarket odds on the U.S-Iran ceasefire are high on year-end bets. 

Iran opens doors to crypto amidst turmoil

Amidst these escalating tensions, Polymarket has reported that Iran is taking payments in crypto as a toll from ships that are passing via the Strait of Hormuz. 

This shows how crypto is acting as a hedge against turmoil and inflation. In fact, when the war had initiated, it was only the crypto market that was standing strong, whereas gold, silver, S&P 500 stocks, and the entire traditional assets market had weakened. 

This comes as Bitcoin [BTC] was trading at $69,753.50…