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Bitcoin Price Nears 4 Million Lira as Turkey’s Currency Hits the Floor
Turkey’s lira has fallen to a fresh record low near 48.8 per dollar, while bitcoin’s price now costs roughly 3.95 million lira. Five years ago, a dollar bought about 8.3 to 8.9 lira. Today it buys nearly six times as many. Behind that slow-motion erosion sits inflation still running above 31%...
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Bitcoin Price Nears 4 Million Lira as Turkey’s Currency Hits the Floor - Invest In Crypto News
Key Takeaways Turkey’s lira is near 48.8 per dollar, while a single bitcoin now costs almost 4 million lira.TCMB rates sit at 37%, but with inflation at 31.51%, Turkish savers are still feeling the squeeze.Turkey lets people buy and hold bitcoin, but its 2021 rule still says they can’t spend it directly. Nearly 4 Million […]
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Bitcoin Price Nears 4 Million Lira as Turkey’s Currency Hits the Floor
Turkey’s lira has fallen to a fresh record low near 48.8 per dollar, while bitcoin’s price now costs roughly 3.95 million lira. Five years ago, a dollar bought about 8.3 to 8.9 lira. Today it buys nearly six times as many. Behind that slow-motion erosion sits inflation still running above 31% officially, while Turkish households […]
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