Bitcoin.Org Sees 42% Surge in Turkish Visitors as Lira Currency Plummets

2018-8-14 21:33

Over the past one week, the lira slipped over 20 percent against the US dollar. The currency, however, has been falling for some time now with and is down 80 percent against the US dollar for this calendar.

Owing to the rapid depreciation, Lira has become one of the weakest currency in the world this […].

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Bitcoin Shown to be Less Volatile Than Turkish Lira Amid Turkey’s Economic Crisis

Turkey is currently undergoing its second serious economic crisis since 2017, as the country’s national currency has lost approximately 30 percent of its value in the last month. The Turkish Lira has been subject to so much volatility in the last two weeks that it’s “making Bitcoin look tame by comparison,” reports Bloomberg.

2018-8-13 20:29