ISTANBUL – Since its peak in November 2021, Bitcoin’s value has fallen about 70 percent. The leading cryptocurrency’s latest tumble reflects a broader trend with digital tokens, which altogether have lost about $2 trillion in the last 10 months.
Users call this bear market a “crypto winter,” but the negative trend hasn’t dissuaded many traders in Turkey, who make up one of the world’s most active crypto communities, according to a report published in July by the research company Morning Consult.
