Bitcoin Trading Volume Sees 14.2% Growth in Q1 2025 Amid Market Volatility, Xapo Bank Reports
The post Bitcoin Trading Volume Sees 14.2% Growth in Q1 2025 Amid Market Volatility, Xapo Bank Reports appeared on BitcoinEthereumNews.com.
In the first quarter of 2025, Bitcoin trading volume surged at Xapo Bank, showcasing long-term confidence in BTC amid market volatility. This increase in trading activity is a notable indicator that high-net-worth investors are actively accumulating Bitcoin, even as its price faces pressure. “Despite short-term headwinds, the bigger picture for Bitcoin remains strong,” stated Gadi Chait, head of investment at Xapo Bank, emphasizing the cryptocurrency’s long-term viability. Bitcoin trading volume rises at Xapo Bank, showcasing long-term investor confidence despite market pressures; a promising outlook for BTC in 2025. Significant Growth in Bitcoin Trading Volume Amidst Market Turmoil Xapo Bank, a prominent private bank and Bitcoin custodian, reported a remarkable 14.2% increase in Bitcoin trading volumes during the first quarter of 2025. This rise occurred despite Bitcoin’s challenging market performance, where it closed the quarter down 13% — marking the worst year start since 2018. The increased trading volume reflects the strong commitment of high-net-worth individuals who “actively bought the dip,” as noted by Xapo Bank. This commitment underscores investors’ long-term confidence in the inherent value of Bitcoin, even in the face of ongoing market turbulence. Impact of Economic Concerns on Bitcoin Investments Notably, the recent surge in Bitcoin trading volume coincides with heightened global economic concerns. Xapo Bank attributed the growing interest in Bitcoin to worries surrounding the primacy of the US dollar and potential recession threats in the United States. This economic unease encouraged many investors to consider Bitcoin as a safer alternative for their investments. Euro deposits increased by 50% quarter-on-quarter, demonstrating a changing sentiment as investors look for more resilient alternatives. Additionally, Xapo’s data reported a shift in stablecoin deposits, with USDC deposits up by 19.8% while Tether (USDT) saw a decline of 13.4%, influenced by regulatory changes in Europe. Bitget Exchange Records Significant Trading Activity Another…
Filed under: News - @ April 15, 2025 4:19 am