Global cryptocurrency trading volume has been falling since peaking in February 2025 amid buying opportunities during the crypto price slump, Cointelegraph reported.
Analysts say the cryptocurrency trading volume and falling prices for digital assets are clear signs of trader exhaustion and potentially weaker market momentum.
According to CoinGecko, daily trading volume hit its highest level this year in early February at $440 billion. However, it has since fallen 63% to $163 billion as of March 12.
Analyst firm Santiment said on March 13 that the decline in trading volume suggests that traders’ enthusiasm for the asset class is waning.
Total market capitalization has fallen nearly 25% since early February, down $900 billion as the cryptocurrency market correction deepens.
The decline has accelerated in the last 10 days, with the market losing 15% of its value on fears of a US recession amid escalating global trade tensions.
