- Posted by: Guillaume
- Category: Interesting videos
Bitcoin Continues To Hit Record Highs Against Falling Fiat Currencies.
Bitcoin thrives in countries with falling currencies.
Bitcoin hit its all-time high against the Turkish Lira on October 12, climbing to 92,905 Turkish Lira on the cryptocurrency exchange.
The Turkish lira has risen in value due to support for the Azerbaijani military campaign in the Nagorno-Karabakh conflict. At the end of September, it fell to a new all-time low against the US dollar, losing almost 50 percent of its value in just three years.