Golden Finance reported that the Turkish Lira (TRY) has reached a record high of 19% in cryptocurrency trading volume market share. This increase reflects the impact of high inflation and currency depreciation in the Turkish economy. According to Kaiko's report, TRY surpassed the Euro (EUR) to become the third largest fiat currency by trading volume.

Bitcoin (BTC) trading against TRY also hit a new high, showing investors' increased interest in safe-haven assets. Kaiko pointed out that one of the reasons for TRY's increase in market share is that Binance lost its banking partner, which led the exchange to withdraw GBP and AUD trading pairs, further enhancing TRY's position in the cryptocurrency market.

These data show that Turkey's foreign exchange volatility and monetary policy turmoil are driving the expansion of its cryptocurrency market, providing investors with new trading opportunities and reaction strategies to market changes.