Bitcoin price today reached an all-time high before falling below $65,000. This isn’t surprising, and if you remember the days when $20,000 was surpassed, it’s likely not the last peak either. Historical data suggests a new peak in the $125,000-$150,000 range by the second half of 2025.
Turkish Crypto Investors
Bitcoin price breaks records while $715 million in cryptocurrencies were liquidated. Turkish crypto investors, however, have crossed a new volume threshold. The total volume on local exchanges exceeded 54 billion TL. The volume, nearing 2 billion dollars, signals the significant interest Turkish investors have in cryptocurrencies.
Moreover, Turkish investor volumes on global exchanges are not included, making it clear why Turks are among the most important building blocks of the ecosystem. Even amidst bear markets, global exchanges have highlighted this interest by opening new TRY pairs.
Most Traded Altcoins
In Turkey-based crypto exchanges, the altcoin Shiba Inu (SHIB) received the most attention in the last 24 hours. Of course, it’s not possible to visit all local exchanges to collect volume data individually. 21milyon.com provides many important data points live around the clock for free. Some of these data points include:
- Which local exchanges have which altcoins.
- The prices of altcoins across different exchanges.
- The trade volume size of cryptocurrencies (and their ranking).
- Total trade volume of all exchanges.
- News flow (latest developments drop onto the main screen instantly).
- Guides you need for altcoins.
- Direct links to platforms where you can trade cryptocurrencies from their pages.
Returning to altcoins, you can see the full ranked list below. Shiba Coin reached a volume of over 12 billion TL. Last year, some days the total volume of all cryptocurrencies in local exchanges fell to 12 billion dollars or even lower. Today, Shiba alone has reached this level.
PEPE Coin remains the second popular choice among risk-taking Turkish crypto investors. Tether has been at the top for a long time due to its continuous loss against TRY. LUNA and Floki, unlike global rankings, are in the top 5, highlighting the risk affinity of Turkish investors.
