Crypto.IQ Daily Radio Show January 29: Bitcoin (BTC) Falls to $3,400, Will Venezuela’s Petro and Iran’s National Cryptocurrency Succeed at Circumventing Sanctions?

January 29, 2019 / by Zachary Mashiach

Listen to the January 29 Crypto.IQ Daily Radio Show

On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) has declined to $3,400 and the total crypto market cap is down to $113 billion. Re-testing of bear market lows is possible in the short term. We discuss how the Venezuela Petro has been verified to be real, and now it’s needed more than ever due to the United States sanctioning the national oil company of Venezuela. Iran is launching a national cryptocurrency in the next few days as well. Will either of these national cryptocurrencies succeed at circumventing United States sanctions? It is speculated that Venezuela and Iran should simply adopt Bitcoin instead of issuing national cryptocurrencies.

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