🚨 JUST IN
Turkey has reportedly sold 120 tonnes of gold, valued at around $20 billion, as part of efforts to support the Turkish lira and finance energy imports.
📊 Key points:
Large-scale gold liquidation to strengthen currency stability
Funds reportedly used to support energy purchases
Signals increased pressure on foreign reserves and macroeconomic balancing
⚡ Market impact: Such moves can influence:
Global gold liquidity and sentiment
Emerging market currency stability
Risk-on / risk-off flows across financial markets
💰 Watchlist: $CTSI
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📉 Stay alert — macro-driven news like this can quickly spill over into crypto volatility.