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Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering
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Bitcoin (BTC) rebounded over 5% on Dec. 21 as a dramatic turnaround in the fortunes of the Turkish lira boosted investors’ confidence.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing overnight as the lira shot up as much as 40% against the United States dollar.
The move came as Turkey’s president, Recep Tayyip Erdoğan, announced sweeping measures to protect consumers and attract lira investors. USD/TRY had previously hit all-time highs of near 19, half of which had
Read more on cointelegraph.comAbout this in other media
Bitcoin open interest matches record high amid predictions of BTC price 'fireworks' this month cointelegraph.com /2 years ago
Bitcoin dips below $47K as US dollar surge dampens BTC price performance cointelegraph.com /2 years ago
Bitcoin gains $1.5K in under an hour as BTC price erases days of downtrend cointelegraph.com /2 years ago
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