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 […]

Source: https://news.bitcoin.com/finance/bitcoin-price-nears-4-million-lira-as-turkeys-currency-hits-the-floor/

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