ERDOGAN RENEWS PROMISE FOR STRONG TURKISH ECONOMY BY 2023 Mr. Şenay said he began trading bitcoin in 2017 to make extra money. Increasingly, he has also seen it as a way to protect his lira income.
The Turkish lira is now more volatile than bitcoin. The currency’s 90-day historical volatility, a measure of how much the price fluctuated from its average, against the U.S. dollar has risen to an.
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Turkish cryptocurrency exchange Vebitcoin said it had ceased all activities after facing financial strain. Days earlier, another firm, Thodex, went offline with its CEO reportedly leaving the.
The Turkish lira has become volatile enough that a portion of residents are turning to cryptocurrencies, bitcoin put option demand seems to be waning and more.
Turkish Lira More Volatile Than Bitcoin
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Erdogan has cut interest rates despite high inflation, in a short-term bid to prop up Turkey's economy (Antonio Masiello, Getty Images) Bitcoin trading volumes are rising in Turkey as the.
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Turkish Lira Is Now More Volatile Than Bitcoin
Turkey Makes the Case for Bitcoin as Erdogan Runs the .
Bitcoin (BTC): CEO of Turkish cryptocurrency exchange Thodex .
The Turkish Lira is proving to be more volatile than bitcoin, according to data from Chainalysis. The Lira's 90-day historical volatility (HV), a measure of how much the price fluctuated from its .
Turks pile into Bitcoin and Tether to escape plunging lira .
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According to the state-run Anadolu Agency, Turkish authorities have now issued an international warrant seeking Ozer’s arrest. A visual representation of the cryptocurrency Bitcoin on November 21,.