"The crisis with Turkey can end instantly if they release Pastor without conditions," Bolton said. He also noted that Turkey should act properly as an ally of NATO.

Bolton also said that, in his view, the Qatar's promise of supporting the Turkish economy would be "completely inadequate." He also touched on the Iranian issue, saying that "Europeans should make a clear choice between doing business with either Iran or the United States."

Bolton's statements did not affect the rate of the Turkish lira, as liquidity remains weak, given that the Turkish markets are closed due to the week of holidays in Turkey.