The Turkish lira depreciates, and the price of Bitcoin breaks through 4 million liras
2026-09-20 15:17:14
CoinMeta data: The current price of Bitcoin is close to 4 million Turkish liras, which is more than a tenfold increase from around 370,000 liras five years ago. This week, the exchange rate of the Turkish lira against the US dollar approached a historical low of 49. Despite the central bank's interest rate being 37%, the inflation rate remains above 31%. As the purchasing power of the lira declines, more and more Turkish users are turning to cryptocurrencies and stablecoins.
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