Bitcoin

Turkey's rise as a regional power comes amid a stalemated Iran-Israel conflict and a U.S. pivot away from the Middle East. Historically, such power vacuums increase geopolitical risk and drive capital toward safe havens. Crypto, particularly BTC, has increasingly correlated with gold during geopolitical crises. However, the current market is in a 'greed' phase (Fear & Greed 71) with low volume and high BTC dominance, suggesting altcoins may underperform even if BTC benefits.

Turkey is positioning itself to increase regional influence as the U.S. signals a smaller Middle East footprint amid ongoing conflicts involving Israel and Iran.