CoinWorld reports that BIT released a chart today showing that the trading volume of cryptocurrency spot trading has significantly declined, with the daily average trading volume dropping from $41 billion in December 2024 to $26.6 billion in October 2025, and over the past 30 days, it has fallen to just $8 billion. Spot trading volume is a key indicator of altcoin performance, reflecting market participation and risk appetite. The current contraction in trading activity helps explain the persistent weakness of altcoins: sluggish trading activity translates into stagnant price movements and worsening market sentiment. For any sustained altcoin rally to truly start, there needs to be a substantial rebound in trading volume. In the absence of clear catalysts, a broad market rally is unlikely. Currently, trading volume is concentrated on a few assets, and overall market participation remains relatively low.