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Futures hold steady while spot Bitcoin trading volume tumbles

Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin’s price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns.

Data from Checkonchain shows a stark contrast in the magnitude of the volume declines between spot and futures markets. Spot trading volume, representing the direct buying and selling of Bitcoin on centralized exchanges, fell from $12.07 billion on March 6 to $8.93 billion on March 10, a decline of just over 26%.

bitcoin spot trading volumeGraph showing Bitcoin’s spot trading volume from Dec. 10, 2024, to March 10, 2025 (Source: Checkonchain)

In contrast, futures trading volume dropped from $110.95 billion to $103.48 billion—a decrease of 6.73%. The spot market’s decline outpaced the derivatives market by 19.28 percentage points, showing greater sensitivity to market conditions.

bitcoin futures trading volumeGraph showing Bitcoin’s futures trading volume from Dec. 10, 2024, to March 10, 2025 (Source: Checkonchain)

This disparity shows the structural differences between the two markets. Spot trading is usually driven by retail investors seeking direct exposure, which is why the spot market reacts quickly and more aggressively to shifts in sentiment.

Meanwhile, Futures trading, involving leveraged positions and hedging, tends to maintain activity even during uncertainty, as traders adjust their positions to speculate on price movements regardless of direction. Between March 6 and March 10, the derivatives market showed much more resilience, while spot volumes bore the brunt of the downturn.

The weekend of March 8 was pivotal in driving the overall volume decline, with both markets seeing significant drops. Unlike traditional financial markets, crypto markets operate continuously, but weekends consistently exhibit lower trading activity due to multiple factors. Institutional traders, who account for a growing share of crypto volume, often scale back operations outside regular business hours, particularly over weekends when traditional markets are closed.

One of the largest derivatives exchanges, CME, operates during regular business hours, which means the large percentage of futures volume it accounts for during the weekday drops. Retail traders, too, tend to reduce activity due to personal schedules or a perception that major market-moving events are less likely to occur.

Additionally, the absence of overlapping trading sessions with equity and forex markets limits arbitrage opportunities, further dampening volumes. This natural weekend slowdown creates a baseline of reduced liquidity, making the market more susceptible to external shocks.

In this case, the usual weekend lull was amplified by specific events. On March 8, President Trump unveiled his much-anticipated strategic Bitcoin reserve plan. Many investors had anticipated a bold move — such as large-scale Bitcoin purchases by the U.S. government — to signal institutional adoption and drive prices higher.

Instead, the plan utilized seized Bitcoin and a “budget-neutral” acquisition strategy, offering no fresh demand. While many Bitcoin advocates celebrated the plan, some of the market seemed disappointed.

This disappointment triggered a cautious response, with traders adopting a wait-and-see approach rather than engaging actively. Concurrently, escalating US-China trade tensions added pressure. New tariffs on Chinese goods heightened fears of economic fallout, fostering a risk-off sentiment that spilled into the crypto market.

The market’s reaction was swift and clearly visible in price action. On March 9, Bitcoin’s price fell from $86,170 to $80,640, a 6.4% drop in 24 hours. This volatility likely deterred trading further as participants hesitated amid uncertainty.

Interestingly, derivatives volumes briefly spiked on March 8, rising from $110.78 billion on March 7 to $115.68 billion, suggesting some traders used futures to hedge or capitalize on the anticipated drop. However, by March 9, derivatives volumes fell to $106.66 billion, aligning with the broader trend of reduced activity.

Total sell volume also declined, from $6.10 billion on March 6 to $4.47 billion on March 10, a drop of 26.72%. This indicates the price decline was not fueled by aggressive selling but by a lack of buying interest. With traders stepping back, the absence of demand allowed prices to slide, even with relatively low sell pressure.

The crypto market’s sensitivity to news remains pronounced, as seen in the rapid response to Trump’s announcement and the trade tensions. This shows how different it is from traditional markets, where responses are often more measured.

The sharp drop in spot volumes also exposed liquidity risks. With trading activity thinning, price movements became exaggerated — evident in the 6.4% plunge on March 9 — posing challenges for market stability. Meanwhile, the smaller decline in derivatives volumes suggests traders relied on futures to navigate uncertainty, reflecting a growing sophistication in risk management.

The post Futures hold steady while spot Bitcoin trading volume tumbles appeared first on CryptoSlate.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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