Turkish Lira Is Now More Volatile Than Bitcoin ( $0.00 )

Rising historical volatility implies prices have been moving more than usual. Assets with high volatility readings are considered risky investments, which means the lira, a sovereign currency, is now riskier than bitcoin, a cryptocurrency created and distributed on a peer-to-peer basis and often criticized for being unreliable as a medium of exchange and store of value due to its high price turbulence.