Google Unexpectedly Reduced the Dollar/TL Parity to 24

Dollar/TL parity was shown as 24.05 due to an error on Google. The panic sales that started thereupon led to losses, especially on the crypto side.

A critical error occurred on Google last night. on Google Search dollar/TL Citizens who wanted to see parity encountered a strange situation. So much so that the dollar/TL parity dropped to 24.05 even though the markets were closed. While there were countless posts about the issue on social media, some citizens, especially those who invested in crypto money, suffered losses for no reason. Let’s look at this interesting issue together.

Problem with Google systems, around 18.00 started. Even though the markets were closed, 1 dollar started to be displayed as 24.05 TL. Of course, there was no such thing, but the fact that the issue resonated on social media made some citizens to panic caused. In fact, this was a justified panic. As a result, the required parity was over 28. The one who had dollars lost money for no reason…

Google showed the dollar/TL parity like this:

Google dollar/TL

Dollar/TL parity was last at 24 levels in June 2023, but this situation for those who invest It wasn’t very good. Especially investors on the crypto side, thinking that the dollar/TL parity was really starting to fall, they switched from dollar to TL. Investors holding Tether (USDT) with the thought of taking it down He sold what he had.

USDT price chart changed as follows:

USDT

In the table above, you see the price chart data of Binance, the world’s largest cryptocurrency exchange. Error in Google, Some investors due to “stop loss”, some due to panic selling lost money. We can only show such a clear chart for crypto markets, but how many people mistook the error on Google for real and sold the dollars they kept in the bank? we don’t know.

RELATED NEWS

Türkiye is Preparing to Recognize Cryptocurrencies: Taxation Will Be Made!

However, let us also point out this; The mistake in Google may have made some investors happy. Investors who buy when the USD/TL parity drops to 28 levels, He had the opportunity to make a profit within hours


source site-35