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Steve Muchoki

Bitcoin spot trading volume drops over 80% from October 2025 peak

Bitcoin spot trading activity across exchanges has sunk to its weakest level in almost two years, with major venues showing steep pullbacks from the October 2025 high. Binance spot volume fell more than 81% from $198.6 billion to about $36.4 billion, while Gate.io dropped 79.6% and Bybit declined 66%. Bitcoin was trading around $76,660 at publication as analysts weighed what low volume could imply for the next move.