The trading volume of cryptocurrency exchanges has dropped to a six-month low, with spot trading accounting for a new low in the phase
ChainCatcher news, according to The Block, the seven-day average trading volume of global cryptocurrency exchanges has dropped to about $32 billion, the lowest since October 2024, down over 75% from the peak in December 2024. In terms of the spot-to-futures trading ratio, Bitcoin and Ethereum have fallen to 0.19 and 0.20, respectively, the lowest levels since August 2024 and December 2023. Meanwhile, Solana's trading activity has seen a slight increase.
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