The total trading volume of Bitcoin spot on the CEX platform by the end of Q1 2025 has dropped to $10 billion, a decrease of about 77% from the high point on February 3

On April 10th, according to CoinDesk, the total trading volume of Bitcoin spot on the CEX platform decreased from a high of $44 billion on February 3rd to $10 billion at the end of the first quarter, a decrease of nearly 77%. At the same time, the total spot trading volume of tokens on cryptocurrency trading platforms decreased from a high of $122 billion on February 3 to $23 billion at the end of the first quarter, a decline of over 80%. Such a significant decrease in trading volume indicates that traders and investors may lose confidence due to uncertainty or fear. A price drop means that the value of Bitcoin and other cryptocurrencies is decreasing, which may create panic and create a vicious cycle of reduced trading volume and further price decline.