10x Research: Cryptocurrency market trading volume hits a new low since 2022

ZkProver · 2026-04-05T09:46:25+00:00

Research firm 10x Research reports that the cryptocurrency market trading volume has hit a new low since 2022, with a total market capitalization of $2.3 trillion and weekly average trading volume dropping to $90 billion. Both Bitcoin and Ethereum weekly trading volumes are below average, and network utilization is low. Funding rates have increased slightly, and open interest has risen.

ZkProver

2026-04-05 09:46:25

Abstract generation in progress

ChainCatcher message: research firm 10x Research posted on the X platform that crypto markets have hit the lowest trading volume since 2022. Currently, the total market capitalization of the crypto market is $2.3 trillion, down 1.7% from last week. The weekly average trading volume is $90 billion, down 7% from the average.

Of this, Bitcoin’s weekly trading volume is $38.2 billion, 5% below the average; Ethereum’s weekly trading volume is $18.3 billion, 18% below the average. Ethereum network fees (0.12 Gwei) are at 17% of their level, indicating lower network utilization.

In addition, Bitcoin’s funding rate rose 4.1% this week to 1.5%, at 13% of the past 12 months’ level. Open interest in futures increased by $100 million to $21.5 billion. Ethereum’s funding rate rose 3.7% this week to 2.8%, at 12% of the past 12 months’ level. Open interest in futures increased by $100 million to $11.8 billion.

BTC-0.38%

ETH-0.31%

GWEI-0.59%

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