Bitcoin News Today: Global Crypto Trading Volume Hits $1.823 Trillion in July Driven by 55% Surge and Bitcoin Ethereum Gains

Global cryptocurrency trading volumes surged to $1.823 trillion in July, marking the highest level since February and a 55% increase from the $1.15 trillion recorded in June. This upward trend reflects a renewed wave of activity in the crypto market, driven largely by strong price movements in leading assets. Bitcoin (BTC) rose 7.5% in the month, closing at $115,644, while Ethereum (ETH) saw a more dramatic 49.5% increase [1].

The price rally was a key factor behind the $600 billion surge in trading volume. Bitcoin climbed from $107,000 to $115,644, and Ethereum nearly doubled in value, contributing to the global spot exchange volume surpassing any month in 2025 except February. This performance highlights a significant market milestone and suggests a growing appetite for digital assets among traders [1].

Binance emerged as a dominant force in centralized exchanges (CEXs), reporting a trading volume of $759 billion—the highest since January’s $801.1 billion. Bitget, Bybit, and Upbit also saw substantial volumes, at $126.05 billion, $122.3 billion, and $110.21 billion, respectively. These figures underscore the competitive yet active environment in centralized trading platforms [1].

Decentralized exchanges (DEXs) mirrored the momentum, with total volume reaching $435.3 billion—the highest since January. PancakeSwap led the charge with $188.6 billion, signaling a vibrant period for DEX activity. The combined performance of CEXs and DEXs demonstrates the broad-based appeal and participation in the cryptocurrency market [1].

Newhedge noted that the surge reflects a revival in trading activity compared to earlier in the year. Notable factors include the record total trading activity of $1.823 trillion, the pivotal role of Bitcoin and Ethereum, the strong performance of centralized exchanges, and the historic growth seen in decentralized platforms. The renewed enthusiasm for crypto trading indicates that key assets like Bitcoin and Ethereum continue to attract significant attention and investment [1].

The July data suggests a strengthening market confidence, driven by both institutional and retail participants. With leading exchanges reporting substantial volumes, the trend points to a broader acceptance and integration of cryptocurrencies into mainstream financial ecosystems. This momentum is likely to continue if key price levels are maintained and macroeconomic conditions remain supportive.

Source: [1] Crypto Market Climbs Amid Renewed Activity (https://coinmarketcap.com/community/articles/688c96fb66fad126cd96d197/)