Let's take a look at the future of TRY that you can make in 10 trading pairs on the Binance Exchange right now.

Turkey is 14th country that made the most crypto-currency transactions. (Cointelegraph) Turkey's currency, the Turkish lira against the dollar constantly losing blood.

So, let's take a look at what awaits investors trading in TRY?

• America caatsa sanctions

Turkey wants to give to supply air defense systems to Turkey refused to America from Turkey, Turkey took the S400 air defense systems from Russia. This purchase was heavily criticized by the US and Turkey to a CAATS sanctions proposal was submitted to parliament. If these sanctions accepted by the parliament are accepted by Trump, these sanctions could keep TRY blood going. Trump recently announced that he would veto these sanctions. Uncertainty continues for now.

• The Effect of Joe Biden

Trump period was stretched too from time to time in relations between the US and Turkey. In particular, Turkey has threatened Trump Brunson crisis and the priest broke the record date of Turkish lira against the dollar. In the following process, normalization steps were taken between the two Presidents and a positive process developed between the two leaders, and this caused the TRY to relax a little. Past winner of the presidential elections Joe Biden thinks that should be followed if a more stringent policy against Turkey. This situation is another factor that will negatively affect the status of TRY. Joe Biden is a highly anticipated issue in terms of TRY, as he is not officially in the presidency seat. In addition, there are opinions in the backstage that the Russian Ruble will lose a lot of value during the Joe Biden period, we will wait and see.

• Mediterranean Problem and European Union Sanctions

Turkey responded to the search for natural gas in the Greek part of Cyprus in order to defend the rights of Turks in Cyprus and Cyprus started looking for natural gas representing its Turks. Egypt, Greece, Turkey, claiming that went against unlawful search of the European Union countries and Countries' navies came face to face in the Mediterranean. European Union countries, Turkey's talks to get the sanctions decided against this attitude. If this economic sanctions to put Turkey in a difficult situation TRY open again to lose blood.

• Decisions of Central Bank

Recently, two presidents of Central Bank in Turkey were removed. Minister of Economy resigned. All these developments have undermined the confidence of foreign investors in Turkey. Uncertainty in the economy is another factor that will affect TRY.