BIT: Altcoin buying momentum weakens, trading volume continues to contract

CycleProphet · 2026-04-07T06:46:15+00:00

Cryptocurrency spot trading volume continues to decline, dropping from an average of $41 billion per day in 2024 to just $8 billion in 2025, leading to weak altcoin prices and deteriorating market sentiment. Analysts believe that the lack of catalysts means there are limited opportunities for a broad rally, and a rebound in trading volume is needed to stimulate altcoin markets.

CycleProphet

2026-04-07 06:46:15

Abstract generation in progress

Deep Tidal TechFlow message, April 07, according to chart analysis published by independent analyst Markus Thielen, crypto spot trading volume has continued to decline sharply; daily trading value fell from $41.0 billion in December 2024 to $26.6 billion in October 2025, and over the past 30 days it dropped further to only $8.0 billion.

As a key indicator of altcoin performance, spot trading volume is currently shrinking in terms of trading activity, which is causing altcoin price action to weaken and market sentiment to deteriorate further. The analyst noted that in the absence of a clear catalyst, the likelihood of a broad-based rally is low; trading volume is consolidating toward a small number of specific assets, overall market participation remains relatively low, and for altcoin markets to truly get moving, it will be necessary to wait for trading volume to show a material rebound.

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