BIT: Altcoin buying momentum weakens as trading volume continues to shrink

Foresight News reports that BIT tweeted, "Crypto spot trading volume has dropped significantly, with the average daily trading volume falling from $41 billion in December 2024 to $26.6 billion in October 2025, and over the past 30 days, it has plummeted further to just $8 billion. Spot trading volume is a key indicator of altcoin performance, reflecting market participation and risk appetite. The current contraction in trading activity helps explain why altcoins remain weak: sluggish trading translates into lackluster price action and increasingly negative market sentiment. Any lasting altcoin rally would require a substantial rebound in trading volume. Without a clear catalyst, a broad-based surge is unlikely. Currently, trading volume is concentrating on a few select assets, and overall market participation remains low."