Global crypto adoption slumps amid macro pressures, Turkey defies downtrend
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- TRM Labs reports retail crypto volumes fell 11% YoY to $979 billion in Q1, the steepest drop since 2022.
- Bitcoin slid 22% in Q1, trading near $76 k after a late‑2025 peak above $126 k.
- Turkey saw crypto transaction volume rise 7% YoY, bucking the global decline.
- United States experienced one of the steepest falls in crypto trading volume among advanced economies.
- Iran’s war outbreak in late February disrupted energy flows, heightening risk‑off sentiment that pressured crypto markets.
Why it matters: Retail investors lose $979 billion in crypto activity, while Turkish users gain a 7% volume boost; the shift pushes capital toward stablecoins and amplifies geopolitical risk exposure for emerging‑market economies.
