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Exchange Review - July 2025

Crypto markets posted a strong rebound in July. Spot trading volumes rose 53.7% to $2.2T, the highest since February, while derivatives volumes jumped 30.6% to $6.5T, setting a new yearly high.

Updated Sep 10, 2025, 12:28 p.m. Published Sep 5, 2025, 11:47 a.m.

What to know:

Crypto markets posted a strong rebound in July. Spot trading volumes rose 53.7% to $2.2T, the highest since February, while derivatives volumes jumped 30.6% to $6.5T, setting a new yearly high. This rally followed Bitcoin’s mid-month all-time high, buoyed by favorable macro conditions and corporate treasury inflows.