Bitcoin Hits All-Time Highs Against Turkish Lira As It Collapses

Bitcoin Hits All-Time Highs Against Turkish Lira As It Collapses

In a historic event for a G20 country, the Turkish lira is in free fall and making the case for a bitcoin hedge.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.The Turkish lira has been in free fall after President Erdogan demanded the Central Bank of Turkey cut rates for a third consecutive month from 19% to 15%. The Turkish lira against the  U.S. dollar has been weakening over the past decade, but....


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