According to Cointelegraph, a report released by TokenInsight on Wednesday shows that in the second quarter of 2025, despite a favorable market environment, cryptocurrency spot trading volume decreased by 22%, from $4.6 trillion in the first quarter to $3.6 trillion. This is mainly due to the decline in Altcoin trading activity and liquidity, while the derivatives market demonstrated resilience, with traders preferring high-frequency derivatives trading to hedge risks and profit from volatility. Although the daily spot trading volume dropped by 23%, MEXC and Bitget's spot trading volumes grew against the trend, increasing by 2.7% and 0.7% respectively. TokenInsight predicts that due to factors such as economic uncertainty, spot trading volume in the third quarter will remain sluggish, fluctuating between $3 trillion and $3.5 trillion.
Additionally, cryptocurrency derivatives showed stronger resistance to price fluctuations, with a total trading volume of $20.2 trillion in the second quarter, a slight decrease of only 3.6%. Although the decline was small, this data highlights the continued impact of broader market adjustments. TokenInsight noted: "Despite the Federal Reserve's decision to pause rate hikes in early April, which briefly boosted market sentiment, concerns about global economic slowdown and geopolitical tensions continue to dominate investor behavior."
