Lira hits record low; Bitcoin price approaches 4 million lira. Gold财经 reports that the Turkish lira has fallen to a record low of approximately 48.8 against the US dollar, with Bitcoin currently priced at around 3.95 million lira. Data shows that five years ago, one US dollar was worth about 8.3 to 8.9 lira—now, it exchanges for nearly six times that amount. Turkey’s official inflation rate remains above 31%.
Turkish Lira Hits Record Low, Bitcoin Price Approaches 400,000 Lira
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Summary
The price of Bitcoin today is around 395,000 Turkish lira, as the local currency reached a record low of 48.8 to the U.S. dollar. Inflation in Turkey remains above 31%, with the lira having depreciated nearly sixfold from its five-year exchange rate of 8.3 to 8.9 per dollar. Analysts are closely monitoring Bitcoin price prediction models amid increasing macroeconomic uncertainty.
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