BTC Spot Volumes Decline to 2024 Lows
The post BTC Spot Volumes Decline to 2024 Lows appeared on BitcoinEthereumNews.com.
Spot Bitcoin volume on major exchanges falls to 2024 lows. Source: CryptoQuant Dramatic Drop in BTC Spot Volumes: From 2 Trillion to 1 Trillion Spot crypto trading volumes on major exchanges fell from approximately 2 trillion dollars in October to 1 trillion at the end of January. This signals clear investor disinterest and weakening demand. Bitcoin (BTC) dropped 37.5% from its October peak amid liquidity shortages and risk aversion, while volumes hit 2024 lows. CryptoQuant analyst Darkfost noted that spot demand has dried up and the correction largely stems from the October 10 liquidation event. BTC volume on Binance fell from 200 billion dollars to 104 billion dollars. Stablecoin outflows suppressing market liquidity and a 10 billion dollar stablecoin market cap loss are also at play. Breaking News: BTC Falls Below MicroStrategy Cost Basis According to recent news, Bitcoin has fallen below MicroStrategy’s cost basis of 76,037$ for the first time since October 2023. It has also dropped below the 80,000$ level for the first time since April 2025 (as of 06:58 UTC, February 3, 2026, price: 78.566,72$, +%2,63 change). These developments reinforce the spot volume decline and confirm risk aversion. Bull and bear market signals from STH/LTH realized price. Source: Alphractal Expert Analyses: Fed Hawkishness and Stablecoin Pressure Arctic Digital research head Justin d’Anethan stated that short-term risks for BTC stem from the Fed’s hawkish stance, strong dollar, and high real yields. Stablecoin outflows have further tightened liquidity; the 10 billion dollar market cap loss has dried up spot demand. STH and LTH Realized Price: Bear Market Signal Alphractal CEO Joao Wedson emphasized that the BTC price bottom will form when short-term holders (STH) are in loss (current situation) and long-term holders (LTH) suffer losses. The STH realized price needs to fall below LTH’s. If the 74,000$ support breaks,…
Filed under: News - @ February 3, 2026 7:23 am