CRYPTO EXCHANGE VOLUME FALLS TO 6-MONTH LOW AS TRADERS FLEE SPOT FOR FUTURES

Summary from the TLDR Crypto newsletter

Crypto exchange volumes have dropped to six-month lows, with both centralized and decentralized platforms seeing less activity and spot trading for BTC and ETH hitting their lowest ratios relative to futures since August and December 2024. This shift reflects a move toward more speculative, leveraged futures trading over direct spot demand, while Solana has seen a slight rebound in volume and outperformed Ethereum in recent app revenue.