Turkish Crypto Investors Shift Focus to Riskier Assets – BitRss

Unlike global markets, the direction of Turkish crypto investors is shifting significantly. While assets like BTC ($97,150.16) and ETH ($2,710.48) dominate global volume rankings, this trend often changes within Turkish exchanges. Notably, during periods of increased volatility, the landscape can vary dramatically.

Characteristics of Turkish Crypto Investors

A significant portion of crypto investors in Turkey tends to gravitate towards riskier assets compared to their global counterparts. This difference stems from the drive for quick profits. Representing a substantial percentage of global trading volume, Turkish crypto investors show keen interest in cryptocurrencies with multiple zeros, fueled by their belief in their potential.

Moreover, the interest in newly listed and newly issued tokens is notably high among Turkish investors. Consequently, even during the most challenging bear market days, we frequently observe Binance introducing TRY pairs alongside BTC and USDT ($1.00) in new listings.

Popular Cryptocurrencies among Turks

Observing the activities of investors active in global exchanges ca…