Bitcoin's recent tumultuous ride saw a dramatic drop in both spot and futures trading volumes, following an earlier spell of extreme volatility. As the markets adjusted to a mix of political revelations and macroeconomic pressures, trading habits highlighted a difference in sensitivity between the spot market, driven largely by retail investors, and the derivatives market, which showed greater stability. But amidst the whipsaw of numbers and trends, a pivotal weekend event stirred waves: President Trump's strategic Bitcoin reserve plan. What unexpected strategy left the market less than thrilled, and how did it reverberate through the crypto markets?
Futures hold steady while spot Bitcoin trading volume tumbles
Spot volumes plunge more than 26% as Bitcoin traders react to Trump's strategic reserve plan and U.S.-China tensions.
3 min read
Updated: Mar. 10, 2025 at 11:00 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
CME Group
CME Group is a global markets company empowering participants to efficiently manage risk and capture opportunities in every major asset class..
Donald John Trump, born on June 14, 1946, in Queens, New York City, is a prominent American politician, businessman, and media personality.
