
Cryptocurrencies
Turkish Lira’s Collapse Highlights Bitcoin’s Relative Stability
Mainstream media focused on the escalating currency crisis in Turkey on Monday, August 13, with one outlet highlighting Bitcoin’s relatively low volatility amid the turmoil.
With the headline “Turkey Meltdown Propels Lira Volatility,” the publication shed light on the profound devaluation of the Turkish national currency this year.
As the situation evolves, Bitcoin’s stability stands out against the backdrop of the lira’s struggles.