The fall of the lira has made the inhabitants of Turkey buy bitcoin

Bitcoin (BTC) has been shown to be the best manager of the most efficient financial system and public institutions.ALast week, the Turkish lira fell by another 14% in relation to the US dollar, as a result of which the tourists began to buy bitcoins to protect their accumulations.

The last number of Google requests for BTC in Turkey has almost doubled, and this sharp splash is reflected in the graph.

Thanks to the bitcoin success in the last few yearsFor a month, trust to the world's largest cryptocurrency has significantly increased. At the time of the article, BTC traded for about $ 57,700 with market capitalization of $ 1.077 trillion.

This allowed the largest cryptocurrency to strengthenyour position, having become the third largest currency in the world from the point of view of the total price in circulation, as the specialists of Deutsche Bank wrote in their last report.

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At Deutsche Bank, it was recognized that even the government agencies and central banks began to pronounce the role of the crypt and accept the fact that this is a good thing for the rest of the day.

"Market capitalization of bitcoin in $ 1 trillionmakes it too important to allow you to ignore it. As long as asset managers and companies continue to enter the crypto market, bitcoin prices will continue to increase, ”said analyst at Deutsche Bank Mapion Labour.

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