Cryptocurrency spot trading volume remains sluggish, with the 7-day average down nearly 80% from the 2025 peak

The 7-day moving average of spot trading volume on crypto trading platforms has dropped to $21.4 billion, a nearly 80% decrease from the October 2025 peak of $104.3 billion. According to data from The Block, crypto trading volume continued to decline after peaking in October in the second half of 2025, and by July 2026 had fallen to its lowest level in nearly a year.