CPI inflation data reached a 40-year high of 9.1% in June with the largest price increases occurring in the energy sector, seeing fuel and oil rising almost 100%.
Data analyzed by the Turkish Statistical Institute shows hyperinflation reaching as high as 105% for transportation costs as the Lira continues to diminish.
The Consumer Price Index hit an elevated rate of 8.5%. The addressable market for an immutable asset like bitcoin with its limited supply is above $100 trillion.
