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

TechFlow reports, July 19, GSR Head of Research Frank Chaparro stated that cryptocurrency spot trading volume remains in a slump. The current 7-day moving average trading volume has dropped to $21.4 billion, down nearly 80% from the peak of $104.3 billion in October 2025. He believes that the wait-and-see sentiment in the current market is the most alarming factor in the cryptocurrency sector.