Bitcoin Price Nearing Its Peak But Trading Volumes for Altcoins Are Raising Alarm! - Coin Bulletin

Koinbulteni · 2025-06-17T09:00:16+00:00

Despite Bitcoin's price approaching record levels, trading volumes on exchanges are at their lowest in years. This decline is attributed to increased interest in spot Bitcoin ETFs and reduced interest in altcoins, resulting in subdued market activity. Investors are advised to monitor trading volume indicators closely.

Koinbulteni

2025-06-17 09:00:16

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As the price of Bitcoin nears record highs, trading volumes on cryptocurrency exchanges are at multi-year lows.

The fact that the price of Bitcoin (BTC) is at levels close to its peak in the cryptocurrency markets is generally associated with high investor interest and increasing exchange volumes. However, a new report prepared by CryptoQuant reveals that this time the situation is different. While Bitcoin is trading near record levels, the trading volumes on exchanges are showing a worrying decline.

According to analysts, one of the main reasons for this situation is the recently increasing popularity of spot Bitcoin ETFs. These ETFs have removed a portion of Bitcoin trading volumes from exchanges. Additionally, another important point highlighted in the report is the decrease in interest in altcoins. The low demand for altcoins is causing a suppression of the overall trading volumes in the market.

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During periods of low trading volumes, there is usually no investor enthusiasm in the market and investors act more cautiously. As stated in the report, those who shape the market in the current period are mostly conscious and long-term investors. This situation reveals that price movements are calmer and more controlled.

However, experts indicate that caution should be exercised against sudden increases in transaction volume. Because a potential rise in transaction activity can often be a precursor to a new local peak. Investors are advised to closely monitor transaction volume indicators during this period.

BTC0,77%

B3,53%

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