BIT: The buying momentum for altcoins is weakening, and trading volume continues to shrink

By: rootdata|2026/04/07 15:42:01
0
Share
copy

BIT released a chart today stating that cryptocurrency spot trading volume has significantly declined, with the average daily trading amount dropping from $41 billion in December 2024 to $26.6 billion in October 2025, and in the past 30 days it has fallen to only $8 billion.

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 continued weakness of altcoins: sluggish trading activity translates into lackluster price trends and worsening market sentiment. For any sustained altcoin rally to truly kick off, a substantial rebound in trading volume is necessary.

In the absence of clear catalysts, the likelihood of a broad-based rally is low. Current trading volume is concentrating on a few assets, and overall market participation remains relatively low.

-- Price

--

You may also like

Crypto Tax Report Guide 2026: Generate Reports with WEEX API and KoinX Calculator

Export your WEEX transaction history and prepare a crypto tax report with KoinX in minutes. Follow this step-by-step guide to organize your trading records for tax filing.

Crypto Bubbles Explained: How to Spot Them Before They Burst

Understanding crypto bubbles can help you avoid major losses—and even profit from volatility.

XAUUSD Hits New High — What Crypto Traders Should Do Next

Gold (XAUUSD) has recently surged to new highs, driven by macroeconomic uncertainty, interest rate expectations, and global risk sentiment.

Best AI Trading Apps in 2026 (Tested by Real Traders)

An AI trading app uses algorithms or machine learning models to analyze market data and execute trades automatically or semi-automatically.

Surviving Crypto Bubbles: How to Trade Automatically with an AI Crypto Trading Bot

The cryptocurrency market is notorious for its extreme volatility. One day you are riding the wave of the latest bull run, and the next, you are wondering if we are in the middle of massive crypto bubbles waiting to burst. 

How the US-Iran War Could Affect Oil and Bitcoin Prices (Latest Analysis)

The outbreak of the US-Iran war on February 28, 2026, has provided an unprecedented real-time laboratory for understanding how geopolitical oil shocks interact with an increasingly institutionalized cryptocurrency market. This article examines the relationship between crude oil prices and Bitcoin throughout the conflict, analyzing price movements, correlation patterns, and the underlying transmission mechanisms.

Popular coins

Latest Crypto News

Read more