Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

Cointelegraph

Published Aug 13, 2018 08:44AM ET

Updated Aug 13, 2018 09:01AM ET

Turkish Lira’s Collapse Sees Media Highlight Bitcoin’s Relative Stability

Mainstream media seized on the unravelling currency crisis in Turkey Monday, August 13, with Bloomberg publicizing a demonstration of Bitcoin’s (BTC) comparatively low volatility.

Leading with the headline “Turkey Meltdown Propels Lira Volatility Above Bitcoin,” Bloomberg became the latest publication to reveal the full extent of the Turkish national currency’s devaluation this year.

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