TechFlow News, April 7: According to chart analysis released by independent analyst Markus Thielen, spot trading volume in the cryptocurrency market has continued to decline sharply—dropping from $41 billion daily on average in December 2024 to $26.6 billion in October 2025, and further falling to just $8 billion over the past 30 days.
As a key indicator of altcoin performance, the ongoing contraction in spot trading volume has led to lackluster altcoin price action and deteriorating market sentiment. Analysts note that, absent clear catalysts, a broad-based rally is unlikely; trading volume is increasingly concentrating in a small number of assets, and overall market participation remains low. For a genuine altcoin rally to begin, a substantial rebound in trading volume is required.
