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Prof. Dr. Murat Volkan Dülger: “The US interest rate hike is cited as the reason for its collapse”
(Prof. Dr. Murat Volkan Dülger: "Çökmesinin nedeni olarak ABD'nin faizi yükseltmesi gösteriliyor")
The video is in Turkish.
About the video
In this short excerpt from a programme broadcast on Habertürk TV on 15 May 2022, Prof. Dr. Murat Volkan Dülger answered questions on the collapse that occurred in the cryptocurrency market at that time. The discussion covered the absence of any backing such as a central bank behind cryptocurrencies, their decentralised structure and the sudden rises and falls in prices; it was noted that the collapse was being linked to the interest rate increase in the United States of America. The question whether market manipulation on a global scale or fraud lay behind the event was also assessed.