Spot Crypto Trading Volumes Hit 2024 Lows as Demand Declines

Spot cryptocurrency trading volumes have dropped significantly as investor interest wanes, marking a significant downturn since October.

Spot trading volumes for cryptocurrencies have experienced a dramatic decline, plummeting to their lowest levels of 2024. Since October, there has been a staggering 50% reduction in activity as liquidity in the market has diminished and investor participation has declined.