---
title: "BIT: Buying momentum in altcoins weakens, trading volume continues to shrink."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281839166.md"
description: "BIT reports a significant decline in cryptocurrency spot trading volume, projecting a drop from $41 billion in December 2024 to $26.6 billion by October 2025, with only $8 billion in the last 30 days. This contraction indicates weak altcoin performance and market sentiment, as sluggish trading leads to poor price action. A substantial rebound in trading volume is necessary for any sustained altcoin rally, but current activity is limited to a few assets, resulting in low overall market participation."
datetime: "2026-04-07T06:46:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281839166.md)
  - [en](https://longbridge.com/en/news/281839166.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281839166.md)
generator: "portal-rs"
---

# BIT: Buying momentum in altcoins weakens, trading volume continues to shrink.

BIT released a chart today showing a significant decline in cryptocurrency spot trading volume. Daily trading volume is projected to drop from $41 billion in December 2024 to $26.6 billion in October 2025, and further plummeted to just $8 billion in the past 30 days. Spot trading volume is a key indicator of altcoin performance, reflecting market participation and risk appetite. The current contraction in trading activity helps explain the continued weakness in altcoins: sluggish trading activity translates into weak price action and deteriorating market sentiment. Any sustained altcoin rally requires a substantial rebound in trading volume. Without a clear catalyst, a broad-based rally is unlikely. Current trading volume is concentrating on a few assets, and overall market participation remains low.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**