Analysis: Crypto Spot Trading Volume Sees Steep Decline, Slim Chance of Sustained Rally
BlockBeats News, April 7th, Independent analyst Markus Thielen released a chart analysis indicating that cryptocurrency spot trading volume has plummeted, with average daily trading volume dropping from $410 billion in December 2024 to $266 billion in October 2025, plunging to just $80 billion in the past 30 days.
Spot trading volume is a key indicator of altcoin performance, reflecting market participation and risk appetite. The current contraction in trading activity helps explain the ongoing weakness in altcoins: subdued trading activity translates into sluggish price action and deteriorating market sentiment. Any sustained rally in altcoins requires a substantial rebound in trading volume.
In the absence of clear catalysts, a broad-based rally seems unlikely. The current trading volume is gravitating towards a few selected assets, with overall market participation still relatively low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese Yen nudges lower despite a hawkish BoJ, intervention warnings
One is not enough! TSMC (TSM.US) affiliated company plans to build another wafer plant in Singapore, AI "chip shortage" drives expansion across Asia
VSMC, a joint venture established by Vanguard International Semiconductor—a smaller affiliated company of TSMC—and NXP Semiconductors from the Netherlands, is considering building a second wafer plant in Singapore.
September 28 Crypto Noon Express | Privacy Coins Take the Spotlight
CEO of Warburg Pincus: There are "real and highly attractive opportunities" in Japan, and we will seize the opportunities in spin-offs and privatizations
Jeffrey Perlman, CEO of Warburg Pincus LLC, stated that Japan is undergoing structural changes that are making it more friendly and attractive to global private equity firms.
