Digital asset spot trading volume hit 19-month high in January
CCData's data shows that the January spot trading volume of digital assets hit a 19-month high, approaching $1.4 trillion, but still lower than the monthly average during the 2021 cryptocurrency bull market. Wintermute co-founder Evgeny Gaevoy, a market maker, said, "We expect our trading volume to reach 2021 levels by the end of the year, especially for Bitcoin. If everything reaches the level of madness in 2021, we will need to raise hundreds of millions of dollars in trading capital."
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