Early signs of summer seasonality appear to have returned to the crypto markets, as total Bitcoin futures volume for the month of June recorded a ~20% month-over-month decline. Centralized exchanges saw just ~$1.55 trillion in total Bitcoin futures volume this month.
For context, over the first five months of 2025, Bitcoin futures volume averaged $1.93 trillion per month. This puts June’s figure roughly 20% below the year-to-date monthly average.
A similar pattern played out last year, when June 2024’s total Bitcoin futures volume dropped 15.7% month over month. Although volumes rebounded in the following month, Bitcoin futures still averaged a lower $1.53 trillion monthly from June through September 2024.
For context, the average from January to May 2024 was $1.71 trillion per month. The June-September 2024 window thus saw a 10% lower average monthly volume compared to the first five months of that year.
Another example of this seasonal trend occurred in 2023, though it started slightly later in July. The first six months of 2023 saw an average monthly volume of $1.03 trillion for Bitcoin futures, while July 2023 came in sharply lower at just $717 billion. July 2023 also saw a ~30% month-over-month decline in total Bitcoin futures volume, which marked the start of a three-month downturn in volume, as it declined a further 2.4% in August, followed by a more severe 21.5% drop in September.
While it’s still too early to say with certainty, if this month’s data is any indication, we could be on track for another muted summer stretch ahead.
This is an excerpt from The Block’s Data & Insights newsletter. Dig into the numbers making up the industry’s most thought-provoking trends.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
