lira

Turkish Investors Find Crypto Investment Valuable Amid Lira’s Volatility

The taxation of cryptocurrency and NFT transactions is presently unregulated. By mid-December, the TRY/USD exchange rate had plummeted. The lira’s volatility may be linked to the price of Bitcoin (BTC) and Ethereum (ETH), the two most popular cryptocurrencies, notwithstanding Turkey’s high inflation rate. By mid-December, the TRY/USD exchange rate had

January 23, 2022 2 mins read

Turkish People Prefer Bitcoin Over Crashing Fiat Lira?

Bitcoin’s plight worsened as the cryptocurrency fell below $46,000 after failing to break through the $47,000 resistance. A 23 percent drop in Bitcoin’s price has occurred over the last month as investors worry about the economic effect of Covid’s new variant and the US Fed’s tapering of its bond purchases.

December 20, 2021 1 min read