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Bitcoin Summer Lull Here? Trading Volume Plummets to Yearly Lows

  • Bitcoin Spot and Futures Volumes have dropped to new yearly lows despite the price holding around $110,000.
  • Both Spot and Futures Trading Volumes spiked during the rally beyond $100,000 last year, but have since declined.
  • Investor interest is waning as Spot Volume hit $5 billion and Futures Volume reached $31.2 billion, both at their lowest in over a year.
  • The Options market is also showing a similar trend with decreasing ATM Implied Volatility, indicating lower volatility expectations in the future for Bitcoin.

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