Soaring trading volume for Bitcoin as price surges to fresh peaks
Bitcoin Soars, Fueling Record Trading Volume amid Market Optimism
After a period of significant volatility, Bitcoin surged to new all-time highs on Thursday, reaching near $112,000. This remarkable jump has led to a spike in trading volume, both for spot and futures exchanges, marking the third highest daily trading volume for Bitcoin futures in 2025, according to CoinGlass.
Spot trading volume for Bitcoin, the world's largest cryptocurrency by market value, reached a two-month high of $150 billion over the past two days, as per data from CoinMarketCap. This surge comes as Bitcoin continues to captivate investors, buoyed by encouraging macroeconomic signs and its potential as a hedge against potential U.S. dollar depreciation.
Although exact 24-hour trading volume figures for the recent two-day period are not available, previous instances of elevated trading volume are indicative of strong upward price momentum and increased investor interest. For instance, on May 13, Bitcoin's trading volume spiked to $28.5 billion on major exchanges.
The demand for Bitcoin ETFs has also increased, with over $1.6 billion in inflows from investors this week, according to Farside Investors data. A notable player in this trend is Strategy, formerly MicroStrategy, which now holds approximately 576,000 Bitcoin in its treasury, a value exceeding $64.5 billion at current prices.
Major altcoins, such as Ethereum, have also enjoyed a rise over the same period, with Ethereum up 56% over the past 30 days and recently changing hands at over $2,600, marking a 5.6% gain over the past 24 hours.
Bitcoin's surge has often reflected the movements of stocks and, more recently, safe-haven assets like gold, serving as a barometer for market uncertainty. As global markets grapple with macroeconomic challenges, Bitcoin's status as a potential safe haven continues to shine.
In this volatile yet optimistic market environment, analysts anticipate Bitcoin to maintain its bullish trend, driven by high trading volumes, tight bid-ask spreads, robust liquidity, and positive broader crypto market trends.
[1] Continued bullish sentiment despite short-term fluctuations[2] Alleviated global market jitters due to the US-China trade truce[3] Institutional inflows into Bitcoin ETFs[4] Supportive market conditions for cryptocurrencies, such as high trading volumes and liquidity on major exchanges[5] Generally positive sentiment in other major cryptocurrencies, such as Ethereum and Solana.
- The surge in Bitcoin's price, reaching near $112,000, has fostered continued bullish sentiment, even amid short-term fluctuations in the crypto market.
- The recent US-China trade truce has helped alleviate global market jitters, and Bitcoin's record trading volume is a testament to this enhanced investor confidence.
- Institutional investors are increasingly buying into Bitcoin through Exchange-Traded Funds (ETFs), with over $1.6 billion in inflows this week, as seen with companies like Strategy holding over 576,000 Bitcoin.
- Supportive market conditions, such as high trading volumes, tight bid-ask spreads, robust liquidity, and positive broader crypto market trends, are driving Bitcoin's bullish direction in this volatile yet optimistic market environment.
- Not just Bitcoin, other major digital assets such as Ethereum and Solana have also experienced growth, with Ethereum up 56% over the past 30 days and Solana showing a 32% increase in the same period, suggesting a generally positive sentiment in the crypto market.
