Absolutely.
And it is not impossible that a major crisis in the United States, then worldwide, takes place, and maybe that is what will make btc reach a million dollars one day.
🇹🇷 $BTC Hits All-Time High in Turkey Amid Lira Devaluation and Economic Challenges 📈
In May 2025, Bitcoin (BTC) reached a new all-time high in #turkey trading at over ₺4.3 million per BTC. This surge is not solely due to global market dynamics but is significantly influenced by the continued devaluation of the Turkish Lira (TRY) and persistent inflationary pressures within the country.
📉 Economic Context
Turkey’s annual #inflation $BTC rate, while showing signs of decline, remains elevated. As of April 2025, the inflation rate stood at 37.86%, down from previous months but still substantially higher than the long-term average. The Turkish Central Bank has maintained a tight monetary policy, with the benchmark interest rate at 46%, aiming to curb inflation and stabilize the currency. 
Despite these measures, the Lira has continued to weaken, reaching an all-time low against the US Dollar in May 2025. This currency depreciation has led many Turkish citizens to seek refuge in alternative assets, with Bitcoin emerging as a prominent option.
⸻
💱 Rise in Cryptocurrency Adoption
Turkey has become a significant player in the cryptocurrency market. As of early 2025, the country ranks second globally in cryptocurrency trading volumes, with an estimated $1.7 trillion in transactions. This surge in activity reflects a growing public inclination towards digital assets as a hedge against economic instability.
Furthermore, Turkey is among the top countries in terms of Binance user base, with approximately 9.86 million users reported in 2024. This widespread adoption underscores the population’s increasing reliance on cryptocurrencies for financial security.
⸻
🌍 Global Implications
Turkey’s experience highlights the potential role of cryptocurrencies as alternative stores of value in economies facing monetary challenges. The situation serves as a case study for other nations grappling with similar issues, illustrating how digital assets like Bitcoin can offer a form of financial resilience amid currency devaluation and inflation
In May 2025, Bitcoin (BTC) reached a new all-time high in #turkey trading at over ₺4.3 million per BTC. This surge is not solely due to global market dynamics but is significantly influenced by the continued devaluation of the Turkish Lira (TRY) and persistent inflationary pressures within the country.
📉 Economic Context
Turkey’s annual #inflation $BTC rate, while showing signs of decline, remains elevated. As of April 2025, the inflation rate stood at 37.86%, down from previous months but still substantially higher than the long-term average. The Turkish Central Bank has maintained a tight monetary policy, with the benchmark interest rate at 46%, aiming to curb inflation and stabilize the currency. 
Despite these measures, the Lira has continued to weaken, reaching an all-time low against the US Dollar in May 2025. This currency depreciation has led many Turkish citizens to seek refuge in alternative assets, with Bitcoin emerging as a prominent option.
⸻
💱 Rise in Cryptocurrency Adoption
Turkey has become a significant player in the cryptocurrency market. As of early 2025, the country ranks second globally in cryptocurrency trading volumes, with an estimated $1.7 trillion in transactions. This surge in activity reflects a growing public inclination towards digital assets as a hedge against economic instability.
Furthermore, Turkey is among the top countries in terms of Binance user base, with approximately 9.86 million users reported in 2024. This widespread adoption underscores the population’s increasing reliance on cryptocurrencies for financial security.
⸻
🌍 Global Implications
Turkey’s experience highlights the potential role of cryptocurrencies as alternative stores of value in economies facing monetary challenges. The situation serves as a case study for other nations grappling with similar issues, illustrating how digital assets like Bitcoin can offer a form of financial resilience amid currency devaluation and inflation
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
89,666.15
-0.97%