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Bitcoin spot trading volume drops 81% since Oct 2025 amid geopolitical tensions and market caution

Market News
26 May 2026
Crypto news
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Bearish
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Bitcoin's spot trading volume has fallen sharply by 81% since October 2025, reaching levels last seen during the July 2023 bear market. This decline coincides with renewed geopolitical tensions in the Middle East and a tough macroeconomic environment, pushing some investors away from crypto toward traditional assets. Despite lower spot activity and a 40% drop in active addresses, rising Binance funding rates indicate some leveraged traders are returning, creating a mixed outlook. Traders are watching if Bitcoin can break above $77,700 to signal recovery or fall below $76,000 to suggest renewed selling pressure.

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