Markets go quiet – Crypto exchange volumes hit lowest level since June
In the past month, the cryptocurrency market has witnessed a significant decline in trading volumes, with activity plummeting to its lowest levels for the year. The aggregate trading volume dipped to around $1.6 trillion, marking a noticeable retreat since the highs experienced in late 2024 when volumes occasionally exceeded $3 trillion. This decrease in trading activity indicates traders are taking a step back after enduring a period characterized by fluctuating prices and inconsistent momentum.