Bitcoin Reaches New All-Time High in Turkish Lira: A Look at Halving Cycles

In a remarkable surge, Bitcoin has reached a new all-time high of ₺4 million in the Turkish Lira, reflecting an impressive five-year trajectory. This historic milestone coincides with the fourth halving event in 2024, which has historically triggered major bull markets. Analysts attribute this rise to the interplay of expanding DeFi applications, increasing institutional investment, and the fixed supply dynamics inherent in Bitcoin.