Crypto Market Recovers: Bitcoin and Ethereum Rise While U.S. Trading Drops

The cryptocurrency market has experienced a notable rebound since early April, according to PANews. Spot trading for Bitcoin, Ethereum, and Solana has seen increased participation during Asian trading hours, while U.S. trading volume has fallen below its 30-day moving average of 45%. This marks the lowest level since President Trump’s election in 2024. Despite a surge in Bitcoin prices exceeding 40%, overall spot trading volume remains lower than levels seen at the start of the year. FalconX reports that 11 Bitcoin spot ETFs listed in the U.S. have grown their market share to 45% of the global BTC spot market, playing a significant role in this rebound.