Turkish lira falls 99.999% against U.S. dollar, Carl Runefelt notes

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22.05.2026

Turkish lira falls 99.999% against U.S. dollar, Carl Runefelt notes — Turkish lira plunges against U.S. dollar

Carl Runefelt draws attention to the dramatic decline in value of the Turkish lira versus the U.S. dollar.

He observes that the currency has depreciated by 99.999%, emphasizing the scale of its loss compared to the U.S. dollar.

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Runefelt has recently commented on additional market trends. He noted that Bitcoin typically hits its 200-day moving average during bear markets. Separately, he reported that the YUBIT platform launched a $50,000 welcome campaign and is offering $1,000 vouchers to new users. These updates follow his latest remarks on the Turkish lira.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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