😱🇹🇷🇦🇷 Bitcoin price broke records in Türkiye and Argentina
Bitcoin, which broke the all-time record in dollar parity in November of 2021, continues to break records in the official currency of countries with high inflation, although today it is about 50 percent below that level.
Bitcoin recently rose above 35 thousand dollars, reaching the highest level of 2023, while currencies regularly depreciated in countries that renewed the record.
The largest cryptocurrency exceeded TL 1 million in Turkish lira for the first time in history, while it exceeded 12 million in Argentine peso and 28 million in Nigerian naira. Thus, the rise of almost 20 percent in Bitcoin has surpassed the ATHS that came in these currencies in previous years.
The IMF's latest report showed Venezuela as the country with the highest inflation, while the annual depreciation of the Bolivar was stated to be 360%.
he had exceeded 900 thousand TL and came back with KKM
As it will be remembered, Bitcoin in Turkish lira had exceeded 900 thousand TL in December 2021. In addition to the high Bitcoin price at that time, the dollar also experienced a huge rise against the TL and exceeded October 20. This situation caused the Bitcoin price to experience a serious rise in the TL parity in a short time. The exchange rate protected deposit system, which was introduced later, lowered the dollar to 11 TL and Bitcoin fell due to this.
At one time it was 77 thousand TL!
At the time when Bitcoin was based on the 20 thousand dollar limit during the bull season in 2017, its price at TL parity was 77 thousand pounds. The largest crypto currency, which was based on the limit of 80 thousand TL from the price of 10 thousand TL in about 3-4 months, experienced a decline with the end of the bull season and went down to 18 thousand TL in December of 2018.
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