Crypto Trading Volume Drops to $15B, Lowest Level of 2024: Kaiko
BitcoinWorld Crypto Trading Volume Drops to $15B, Lowest Level of 2024: Kaiko The cryptocurrency market experienced a notable slowdown in trading activity last week, with total volumes falling to approximately $15 billion — the lowest weekly figure recorded this year.
According to data from crypto analytics firm Kaiko, this marks a sharp decline of about 70% from January’s peak, when volumes reached their highest level of 2024.
What the Data Shows Kaiko’s weekly volume index, which tracks trading across major centralized exchanges, reflects a broader cooling in market participation.
The drop is significant not only in absolute terms but also in its timing — it follows a period of heightened volatility and record-breaking inflows into Bitcoin exchange-traded funds (ETFs) earlier in the year.
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