Heading from BTC to record prices in Turkey

The current price for one Bitcoin (BTC) is currently $13,154.45. That’s 0.71% more than 24 hours ago. If you want to buy bitcoin for $100 now, you will get about 0.0076 BTC for this.

The total market cap is $243,721,453,330.45 with a circulation of 18,527,681 BTC.

Bitcoin (BTC) price explodes in Turkey due to hyperinflation lira

The value of the Turkish lira (TRY) continues to decline. In less than two years the currency has halved against the dollar. At the same time, Bitcoin is at a record high in the Eurasian country.

At the time of writing you get 7.94 lira per dollar. This brings it close to a limit of 8 TRY per USD. A few years ago this seemed almost impossible. Two years ago, the exchange rate was still around 3.7 dollars, as can be seen in the graph below.
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Number of bitcoin ATMs growing steadily, nearly 11,500 worldwide

The number of BitcoinATMs worldwide is growing steadily, according to new figures from CoinATMRadar.

To be precise, 11,357 Bitcoin ATM machines have been installed. In mid-September, the total went through 10,000 units. This means that more than 1,300 machines have been installed in the last two months.

ATM fever strikes in America in particular. There, operators are upgrading existing ATMs so that a machine can also accept Bitcoin.
Cash is becoming worthless, I’m 50% Bitcoin (BTC)“, says Abra CEO.

In the year 2020, it is no longer unusual and crazy to talk publicly about your bitcoin investments. It’s not the best solution for your privacy, but several prominent figures in the industry and beyond like to talk about their bitcoin.

That list includes Bill Barhydt, the CEO and co-founder of Abra. Barhydt is also personally busy with bitcoin. The director provides information about his own investment portfolio: 50% of all his investment budget is currently in BTC. He explains this in an episode of Money Talks.