Oil Prices Stabilize, Bitcoin Hash Rate Rebounds as Markets Absorb Iran War Shock

Bitcoin

This move signals a structural shift: AI factories are becoming the new digital utilities. For crypto, this validates the thesis that specialized compute (GPU) assets will appreciate, benefiting mining firms that pivot to AI (e.g., IREN) and decentralized compute networks. It also highlights that traditional cloud players are racing to meet demand, putting pressure on smaller, decentralized alternatives to differentiate via cost or trust.

NVIDIA announced the global expansion of its AI Cloud ecosystem, with partners building AI factories across six continents to meet growing AI compute demand.

NVIDIA Expands AI Cloud to Six Continents, Bringing Crypto Miners Into the Fold

Crypto miners are secretly becoming AI infrastructure providers—and it could slow Bitcoin's hash rate growth

This event occurs during a period of extreme fear (Fear & Greed 22) and a 3.23% BTC 24h drop, suggesting macro fears dominate. While Iran's internet shutdown was a geopolitical risk factor, its end may signal de-escalation, but the market is pricing in broader recession and regulatory concerns. The restoration underscores crypto's role as a financial lifeline in sanctioned regimes, yet the actual market impact is likely muted given Iran's ~7-10% global hash rate share.

The Iranian government ended the internet shutdown that was imposed after the start of the war with the US and Israel in February.

Iran Ends Internet Shutdown, Reconnecting Crypto Miners and Traders

Iran's Internet Restoration Could Trigger Sell-Off in Privacy Coins and DEX Tokens as Crisis Use Case Fades

Crypto markets have been trading in a risk-off mode with Fear & Greed at 27, partly due to trade war uncertainty. A thaw in US-China relations could improve global liquidity expectations and support a recovery in risk appetite, though the effect may be gradual. Historically, such summits rarely produce immediate market-moving outcomes unless accompanied by concrete policy changes.

China welcomed US President Donald Trump with cheering children and a troop parade, followed by a nearly two-hour meeting with President Xi Jinping.

Trump-Xi Summit Raises Hopes for ASIC Tariff Relief — and Hash Rate Risks

Trump-Xi Meeting Could Ease Mining Hardware Restrictions, Potentially Weakening Bitcoin Price

Iran is a top‑10 global Bitcoin mining hub (≈9% of total hash‑rate) and a significant on‑ramps market for crypto exchanges. A tightening of media freedom often foreshadows stricter enforcement of cryptocurrency usage, affecting mining profitability and capital flows from the region.

BBC journalist Lyse Doucet reports from Tehran under new Iranian restrictions that prohibit using her material on the BBC's Persian Service, a rule that applies to all international media organisations operating in Iran.