While it is a matter of curiosity whether the bull season in cryptocurrencies is approaching or whether a new bearish movement will come, Bitcoin reached the 1 million TRY level for the second time in about 10 days.

The largest cryptocurrency was around 380,000 TRY on the same day last year. The dollar value of Bitcoin at that time was about $20,000. As it will be remembered, the FTX exchange went bankrupt in November last year and the price fell below $15,000. The TRY value also dropped to 295,000 liras.

Last year it was 380,000

The Turkish Lira rise in Bitcoin came with the increase in the dollar parity. BTC value managed to exceed $35,000 once again in the afternoon hours today, as it did last week. Bitcoin’s lowest price in a 24-hour period was $34,115.

Photograph by Erhan Demirtas/Bloomberg via Getty Images