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Bitcoin spot trading volumes struggle to keep pace with derivatives Bitcoin spot trading volumes struggle to keep pace with derivatives

Bitcoin spot trading volumes struggle to keep pace with derivatives

with insights from CryptoQuant

Data reveals fewer frenzied volume spikes this year, but shows that leverage remains at the core of Bitcoin trading.

Bitcoin spot trading volumes struggle to keep pace with derivatives

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

As Bitcoin's price fluctuates between $94,000 and $100,000 in early 2025, the balance between derivatives and spot trading has evolved. While derivatives continue to dominate Bitcoin transactions with daily turnovers reaching nearly 1 million BTC, the spike seen during 2024's wild runs has eased. Traders remain engaged in speculative plays, using futures and options to navigate these calmer times. Yet, a moderate shift in activity prompts an intriguing question: what might ignite a return to high-flying derivative dominance akin to the frenzied peaks of 2024? Discover the data's insights and forecasts beyond the surface...