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Bitcoin vs Turkey M2 Money Supply — digital scarce asset vs lira-printing economy. Inflation-hedge adoption case.
| Metric | Bitcoin | Turkey M2 Money Supply | Δ |
|---|---|---|---|
| Bitcoin Market Cap | $1.55T | — | — |
| Bitcoin Price | $76.72K | — | — |
| Bitcoin 24h Change | -1.68% | — | — |
| Bitcoin FDV | $1.55T | — | +0.0% |
| Bitcoin ATH | $126.08K | — | — |
Crypto data live from Sharpe's tracker cache; TradFi values are reference benchmarks updated quarterly.
Turkey's M2 money supply has expanded dramatically through 2022-2026 as the Central Bank of the Republic of Turkey (CBRT) struggled with a lira crisis, periods of hyperinflation (peak ~85% YoY in 2022), and credibility issues under multiple governors. USD-equivalent M2 sits at roughly $350B-$500B depending on lira exchange rate. Bitcoin's market cap ($1T-$2.5T) is 2-7x Turkish M2. The comparison is behavioral: Turkish retail investors are among the heaviest per-capita crypto adopters globally (roughly 50% crypto ownership among adults), driven specifically by lira debasement. BTC holdings have acted as a hedge against domestic monetary instability. Correlation is interestingly positive on lira-crisis episodes — BTC often rallies in TRY terms during acute lira drawdowns.
Side-by-side crypto comparison with normalized returns
Rolling correlation between crypto and major TradFi benchmarks