Bitcoin in Turkey is already almost at 4 million lira.
Five years ago, for 1 $BTC they were paying about 370,000 lira. Now the price has approached 3.95 million.
Up more than 10 times.
And it’s not just Bitcoin itself. The lira continues to lose purchasing power—this week the exchange rate was near a historical low, around 49 lira per dollar, and inflation remains above 31%.
Against this backdrop, it’s not surprising that Turkish users are increasingly turning to cryptocurrencies and stablecoins.
When the national currency loses value, people start looking for an alternative.
Five years ago, for 1 $BTC they were paying about 370,000 lira. Now the price has approached 3.95 million.
Up more than 10 times.
And it’s not just Bitcoin itself. The lira continues to lose purchasing power—this week the exchange rate was near a historical low, around 49 lira per dollar, and inflation remains above 31%.
Against this backdrop, it’s not surprising that Turkish users are increasingly turning to cryptocurrencies and stablecoins.
When the national currency loses value, people start looking for an alternative.
