Crypto Exchange Volumes Hit Six-Month Low: Retail Interest Wanes?

Recent data from The Block reveals a significant slump in crypto exchange volumes, marking the lowest point in six months. This drop coincides with a shift toward futures trading among retail investors, raising concerns about waning interest in the crypto market. Spot trading volume has hit its lowest levels since October 2024, falling by nearly 75% from its peak of $132 billion earlier in December 2024. This trend suggests a cautious approach amongst traders and raises questions about future retail engagement in the cryptocurrency space.