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 […]
Key Takeaways
- 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.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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