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Bitcoin Hits New All-Time High In Turkey As Fiat Currency Lira Goes Into Freefall

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Bitcoin (BTC) has frustrated investors with its recent price correction, but in one country, BTC hodlers have never been more relieved.

Market data from TradingView on Nov. 23 confirmed that Bitcoin has hit new all-time highs against the Turkish lira.

Bitcoin passes 700,000 lira

Turkey is unofficially battling a currency crisis as President Recep Tayyip Erdoğan pushes to keep interest rates low…

To read more visit CoinTelegraph.

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