--- 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. ### Related Stocks - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [BTC.US](https://longbridge.com/en/quote/BTC.US.md) - [ABTC.US](https://longbridge.com/en/quote/ABTC.US.md) - [BTCM.US](https://longbridge.com/en/quote/BTCM.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [MRAL.US](https://longbridge.com/en/quote/MRAL.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [LMBO.US](https://longbridge.com/en/quote/LMBO.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [BCOR.US](https://longbridge.com/en/quote/BCOR.US.md) - [COIG.US](https://longbridge.com/en/quote/COIG.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) ## Related News & Research - [Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack](https://longbridge.com/en/news/296619468.md) - [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md) - [Trump to host crypto executives as SEC weighs regulations](https://longbridge.com/en/news/296358805.md) - [Bitcoin Custody for Institutional Clients Is Coming to Citi Later This Year](https://longbridge.com/en/news/296259278.md) - [Bitari Plans 4.29 Million-Share Offering at $7 Each to Raise About $30 Million](https://longbridge.com/en/news/296661507.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**