Crypto Trading Hits New Lows as Santiment Points to Capitulation
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Santiment said trading volume in major crypto hit its lowest point since mid‑2024 in a June 11 update, attributing the decline to trader fatigue rather than panic, and CoinMarketCap shows the top‑15 tokens fell an average 5% over the past seven days. Despite ongoing institutional adoption and infrastructure development, large caps remain far below their peaks, pressuring token performance and CEX/DEX activity, and while historically rock‑bottom interest has sometimes preceded big bounces the near‑term outlook is cautious.
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- Trading volume in major cryptocurrencies has hit its lowest point since mid‑2024.
- Santiment said the drop isn’t about panic selling, but more about trader fatigue.
- Crypto’s biggest bounces have often come when interest had fallen to rock‑bottom levels.
According to on-chain analytics firm Santiment, trading volume in major cryptocurrencies has hit its lowest point since mid‑2024. In a June 11 update, the company said the drop isn’t about panic selling, but more about trader fatigue and a lack of conviction.
This comes as Bitcoin, Ethereum, XRP, Solana, and other large-cap cryptocurrencies remain far below their peaks, even with ongoing institutional adoption and infrastructure development.
Most of the top 15 cryptocurrencies by market cap have decreased in value in the last 7 days by an average of 5%, according to CoinMarketCap.
Trading volume is one of…
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