Bitcoin

Turkey remains one of the highest crypto-adoption countries due to chronic lira depreciation. Any escalation in political instability typically drives local demand for BTC and USDT. However, the global market is already in extreme fear, so this event alone is unlikely to reverse the bearish sentiment. It could, however, trigger a short-lived local premium on Turkish exchanges.

Turkish police stormed opposition party offices days after the party vowed to defy a court ruling that removed its leaders.