Bitcoin Hit $100,000 in Turkey’s P2P Crypto Market As Lira Declined 14%

At press time, Bitcoin is down 0.10% to $57,293.99.

While to the Wall Street Journal, a currency strategist at NatWest Markets, Max Lin, said that the dismissal of the bank’s head signifies that Erdogan does not want to raise interest rates to counter Turkey’s inflation. He added that with Agbal’s removal as the head of the central bank, there are chances that the Lira will continue to fall due to competition.