Wednesday Saw Bitcoin Trading Volume Rank Among Its Biggest Ever.

Bitcoin Reaches New Milestone with $130 Billion in Daily Trading Volume

Bitcoin (BTC) has achieved a new trading milestone, with a record $130 billion in daily trading volume reported on Wednesday, according to Checkonchain data. This represents one of the highest single-day trading volumes in Bitcoin’s history, further solidifying its position in the global financial landscape.

Since President Trump’s election victory in early November, Bitcoin’s trading volume has surged, more than doubling from a daily average of $65 billion to its current levels.

A large portion of the total volume came from the futures market, which saw $110 billion in trades. This marks the fifth-highest futures trading volume recorded, trailing only a handful of high-volume days in November and December of the previous year.

The spot market saw approximately $15 billion in trades, nearing its all-time high. Additionally, Bitcoin ETFs recorded around $5 billion in trade volume, which is roughly half of the record-high figure seen in March 2024.

Not included in the $130 billion total are the options markets, which are also growing rapidly. Glassnode data shows that $3 billion worth of options contracts were traded in the past 24 hours.

As Bitcoin moves closer to becoming a global settlement layer, the growing volume and liquidity are key to attracting institutional investors. With increased market depth, Bitcoin stands to become more capable of handling massive institutional transactions and facilitating real-time, large-scale settlements.