cryptocurrency market is experiencing a modest increase in trading volume, indicating a resurgence in investor activity following a period of decline earlier in the year.
Recent Trends in Trading Volume:
Short-Term Increase: Over the past 24 hours, the total crypto trading volume rose by 2.81%, reaching $71.55 billion. This uptick aligns with a 0.88% increase in global market capitalization, now at $3.494 trillion, reflecting growing investor optimism .Binance
Mid-May Surge: Between May 16 and 17, Bitcoin (BTC) trading volumes on major exchanges like Binance spiked by 18%, while Ethereum (ETH) volumes on Coinbase increased by 15%. This surge was driven by positive sentiment surrounding institutional adoption and regulatory clarity .Blockchain News
Earlier Declines in 2025:
First Quarter Downturn: In Q1 2025, the top 10 centralized exchanges recorded a 16.3% quarter-on-quarter decrease in spot trading volume, totaling $5.4 trillion. Binance, for instance, saw its monthly volume drop from over $1 trillion in December 2024 to $588.7 billion in March 2025 .CoinGecko
March Slump: March 2025 witnessed a 15.4% decline in trading volumes across major platforms, coinciding with Bitcoin's price dipping below $80,000, its lowest since November 2024 .Finance Magnates+1The Guardian+1
Current Market Sentiment:
The Crypto Fear & Greed Index stands at 71 ("Greed"), up from 70 yesterday and significantly higher than 30 a month ago, indicating a substantial improvement in investor sentiment .Binance
Conclusion:
While the crypto market experienced notable declines in trading volume during the early months of 2025, recent data suggests a positive shift, with increasing volumes and improved investor confidence. #btc #eth #CryptoMarket