Bitcoin Reaches New ATH in Turkey as Lira Crisis Deepens

Turkey has seen a significant surge in Bitcoin adoption as the Turkish Lira continues to weaken. Driven by soaring inflation and currency instability, citizens are turning towards cryptocurrencies like Bitcoin for protection of their savings, driving trading volumes to record highs. While the global BTC price hasn’t reached new heights, Bitcoin’s performance is exceeding expectations in Turkey. This reflects a growing trend where individuals seek alternative financial systems during periods of economic uncertainty.