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CoinGape
2022-03-04 13:51:28

Turkish Lira Slumps Against Bitcoin As Inflation Blows Past 50%

Turkish Lira Slumps Against Bitcoin As Inflation Blows Past 50%

The Turkish lira slipped against Bitcoin, hovering around a two-month low after data showed annual inflation skyrocketed in February. The lira has lost about 12% against the world’s largest cryptocurrency this week, data from Coingecko shows. The lira, currently trading at about 590,462 to Bitcoin, also lost about 7% to the dollar over the past The post Turkish Lira Slumps Against Bitcoin As Inflation Blows Past 50% appeared first on CoinGape.

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