Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Turkish Lira implodes, as Bitcoin and dollar appreciate against it
Even with BTC down 8% against the dollar in the past month, it is up against the Turkish Lira
Quick Take
- The Turkish Lira continues to collapse against the dollar (23.5) lira to a dollar.
- Roughly ten years ago, it was one lira to one dollar.
- The Turkish Lira experienced a 6% plus depreciation, according to Mohamed A. El-Eria, dwindling international reserves.
- In the past five days, the USD is up 12%, while Bitcoin is up 7%, even with Bitcoin down 8% in USD terms this past month.


















