The post Bitcoin Trading Volume Soars as Price Pumps to New Heights appeared on BitcoinEthereumNews.com.

In brief Bitcoin futures trading volume on Wednesday jumped to over $203 billion, third-most so far in 2025. Spot trading volume also soared this week as Bitcoin’s price spiked. The leading virtual coin reached an all-time high near $112,000 on Thursday. Bitcoin trading volume for spot and futures exchanges has soared the past two days as the underlying asset pumped to new heights. Spot trading volume for the world’s largest crypto by market value hit the highest two-day total in nearly two months, $150 billion, according to crypto markets data provider CoinMarketCap. Meanwhile, BTC futures trading volume on Wednesday jumped to over $203 billion, the third-highest daily total of 2025, according to CoinGlass. Those figures come as BTC’s price climbed to all-time highs just shy of $112,000. Bitcoin was recent trading at about $111,100, up 2% over the past 24 hours and nearly 8% for the past week. The surge has come as investors buoyed by encouraging macroeconomic signs, but also confident in Bitcoin’s status as a potential hedge against the potential depreciation of the U.S. dollar, purchase the asset. The CoinGlass data does not include inflows into American spot Bitcoin ETFs, which have taken in over $1.6 billion in inflows from investors so far this week, according to Farside Investors data. Only 10 other days this year have eclipsed more than $75 billion in single-day spot Bitcoin volume this year. CoinGlass shows that the only days that Bitcoin futures volume has been higher so far this year was on April 7 and January 20, when volumes stood at $229.7 billion and $222.9 billion, respectively.  The crypto market has rebounded as Trump has ratcheted back his global trade war, and the most recent inflation readings have been favorable. Bitcoin’s record-breaking surge also comes as demand for Bitcoin ETFs increases…

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Filed under: News - @ May 23, 2025 5:23 am