- Bitcoin dropped to $75K in March 2025, its lowest since November.
- Top 10 crypto exchange volumes fell 15% to $1.13 trillion.
- Binance retained dominance despite a 48% YoY volume decline.
The cryptocurrency market continued its cooldown in March 2025. Bitcoin slipped briefly to $75,000 — its lowest point in four months.
The decline in activity extended to major crypto trading platforms. Data from Finance Magnates Intelligence and The Block showed a 15% drop in total trading volumes across the top ten exchanges. Volumes were down to $1.13 trillion.
Crypto Trading Activity Drops for Third Month Amid Bitcoin Weakness
March marked the third straight month of declining trading volumes across major cryptocurrency exchanges. This signals a shift in market behavior after a highly active Q4 2024. Investors appear increasingly hesitant to make aggressive moves amid ongoing uncertainty around Bitcoin’s direction.
Bitcoin’s brief fall to $75,000, despite only a 2% overall decline for the month, has raised concerns about a potential deeper correction. This dip snapped the momentum Bitcoin had been building. Many are now re-evaluating short-term bullish expectations.
While Binance retained its dominant position in the exchange ecosystem, it was not immune to the downturn. The platform’s March 2025 volume of $583.5 billion reflects both a monthly and annual slowdown. This mirrors declining participation across the market.
The cooling sentiment suggests investors may be taking a wait-and-see approach. Macroeconomic conditions, regulatory developments, and Bitcoin’s price trajectory continue to evolve. With April underway, the industry will be watching closely for signs of stabilization or further retracement.
The dip below $80K and the ongoing trading volume decline reflect a crypto market in reset mode. Participants weigh risk and look for the next major catalyst.
“Markets are moved more by perception than by data.” — Howard Marks