DATA & FIGURES
10 million citizens expected to gather in Tehran, representatives from over 100 nations attending, including China, Russia, Pakistan, and India, with $12K vol and $3K vol in altcoin sell pressure
THE SCENARIO
The funeral of Iran's late Supreme Leader Ali Khamenei has significant geopolitical implications, with Hezbollah, Hamas, and Taliban representatives in attendance, and China, Russia, and other nations sending delegations, highlighting the complex web of international relationships and alliances
DIRECT QUOTE
"We warn the enemies of Iran, especially the US and the Zionist regime, to avoid any miscalculation and to think about the harsh retaliation our armed forces would make to any threat and aggression against our country" — Ali Abdollahi, Commander of Khatam al-Anbiya Central Headquarters
BBN INSIGHT
The funeral of Iran's late Supreme Leader Ali Khamenei has significant implications for global politics and economies, with The Positive Side including increased international cooperation and diplomacy, and The Negative Side including potential escalation of tensions and conflict, particularly between Iran and its adversaries, such as the US and Israel, which could impact global markets, including crypto markets, and affect investors and everyday people