Cryptocurrencies were mixed on Monday, as Bitcoin attempted to recover from last week's losses and other coins were lower.
Bitcoin recovered on Monday after suffering about 10% of losses last week, although other major cryptocurrency prices remained under pressure.
Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity, but it remained under selling pressure and its meltdown continued to rattle global markets.
Having sunk to 13-month lows, sterling could fall by up to another 10 percent in the coming months should Britain crash out of the European Union without a deal on future trade ties, luring more speculators to bet against the currency.
The Turkish lira is so volatile it’s making Bitcoin look tame by comparison.