Simply put
- On Wednesday, Bitcoin futures trading volume surpassed $23 billion, marking the third-highest total for 2025.
- This week also saw a significant increase in spot trading volumes as Bitcoin prices spiked.
- Major cryptocurrencies reached a record high of nearly $112,000 on Thursday.
In the last couple of days, trading volumes for Bitcoin—both spot and futures—have surged dramatically, fueled by rising asset prices.
As reported by a data provider, spot trading volumes in the crypto market achieved a two-day total of $150 billion over nearly two months. On the futures side, trading volumes for Bitcoin jumped to over $203 billion on Wednesday, which is the third highest for this year.
These developments come as BTC prices approached $112,000, with recent trading around $111,100. This represents a 2% increase in the last 24 hours, and nearly 8% for the week. The rise seems to be backed by stronger macroeconomic indicators and investor confidence, particularly in Bitcoin’s role as a possible hedge against a declining US dollar.
It’s important to note that this data doesn’t account for inflows into American spot Bitcoin ETFs.
Thus far this year, over $75 billion in Bitcoin trading volume has been recorded, with January 20th being notable for having peaked at $229.7 billion in futures trading volume.
The crypto market has shown resilience, particularly after some easing of global trade tensions and favorable inflation statistics.
The surge in Bitcoin’s price is also attributed to heightened interest in Bitcoin ETFs, along with ongoing purchases by major companies like MicroStrategy, which holds around 576,000 bitcoins, valued at over $64.5 billion at current prices.
Meanwhile, other significant altcoins have also seen gains, with Ethereum rising by 56% over the past month. ETH recently traded above $2,600, marking a 5.6% increase in the last 24 hours.
Historically, Bitcoin has tracked stock movements closely, but it has recently begun to align more with gold as a safe haven asset amid prevailing economic uncertainties.
