Bitcoin News Today: Centralized Exchanges See 62% Jump in July Spot Trading Volume Amid Crypto Rally

Centralized exchanges experienced a significant 62% increase in spot trading volume in July 2025, driven by a surge in activity across major platforms such as BitMart, Upbit, and Coinbase [1]. The most notable growth came from BitMart, which reported a 143% monthly increase in volume, followed closely by Upbit with a 141% rise and Coinbase with a 79% increase [2]. This surge reflects a broader trend of renewed interest in digital assets, with both retail and institutional participants contributing to the heightened on-chain activity.

The growth was accompanied by a broader bullish sentiment in the crypto market. Bitcoin reached an all-time high of $158,256.39 on July 14, 2025, while Ethereum broke above $4,000 for the first time since December 2024 [3][4]. These price movements underscore a growing confidence in the market, particularly among long-term investors and traders seeking exposure to crypto assets.

The performance of leading exchanges suggests a competitive environment where platforms are adapting to attract and retain users. BitMart and Upbit’s dramatic volume increases may indicate successful user acquisition strategies or liquidity improvements. Meanwhile, Coinbase’s 79% growth, though less dramatic, highlights the platform’s resilience and appeal to a broad, global user base, especially given its regulatory focus.

The 62% increase in spot trading volume represents actual reported growth and is not derived from forecasts or speculative estimates [1]. This aligns with a broader normalization in the crypto market following a year marked by regulatory uncertainty and volatility. As exchanges continue to improve infrastructure and accessibility, the trend of rising trading volume could persist, particularly if institutional-grade products and clearer regulatory frameworks emerge.

The surge in volume also raises questions about the influence of wash trading and bot activity, which may have contributed to the reported figures. While these factors are not uncommon in crypto markets, they underscore the importance of transparency and data integrity in evaluating market performance.

Overall, the July 2025 data indicates a maturing market with increased liquidity and user engagement. The performance of CEX platforms suggests they remain central to the digital asset ecosystem, even as decentralized alternatives continue to evolve.

[1] Wu Blockchain - X, https://x.com/WuBlockchain/status/1954868530207494177

[2] Hourglass World on X, https://x.com/hourglassworld/status/1954936471216873609

[3] Bitcoin Price, BTC Price, Live Charts, and Marketcap, https://www.coinbase.com/en-sg/price/bitcoin

[4] Ethereum breaks above $4000 for the first time since, https://cryptorank.io/news/feed/04296-eth-breaks-above-4000