比特幣集會中的加密貨幣交易低迷：Q2報告重點

第2季度2025揭示了儘管比特幣集會，衍生品的彈性和ETF增長，但加密貨幣現場貿易下降。特朗普的關稅增加了市場不確定性。

Crypto Spot Trading Slump Amid Bitcoin Rally: Q2 Report Highlights

比特幣集會中的加密貨幣交易低迷：Q2報告重點

Despite a Bitcoin rally, Q2 2025 painted a mixed picture for crypto markets. Spot trading volumes declined, derivatives showed resilience, and Bitcoin ETFs surged. Let's dive in!

儘管進行了比特幣集會，但第二季度2025年為加密貨幣市場繪製了一幅混合圖片。現場交易量下降，衍生品表現出彈性，比特幣ETF飆升。讓我們潛入！

Crypto Spot Trading Takes a Dip

加密貨幣交易跌幅

A new report reveals that cryptocurrency spot trading experienced a significant downturn in Q2 2025, dropping by 22% to $3.6 trillion. This extends the slump seen in Q1, despite what seemed like favorable market conditions. The decline is attributed to reduced altcoin trading activity and liquidity.

一份新報告顯示，加密貨幣現貨交易在2025年第二季度經歷了重大衰退，下降了22％，至3.6萬億美元。儘管看起來像是有利的市場狀況，但這擴大了第1季度的低迷。下降歸因於減少山寨幣交易活動和流動性。

MEXC and Bitget Buck the Trend

mexc和bitget buck潮流

While most exchanges saw declines, MEXC and Bitget managed to increase their spot trading volumes, with MEXC leading the pack with a 2.7% gain. This is interesting, because most others saw a decrease.

儘管大多數交易所的下降，但MEXC和BITGET設法增加了他們的現貨交易量，而MEXC以2.7％的收益領先。這很有趣，因為大多數其他人都看到了減少。

Crypto Derivatives Show Resilience

加密衍生品顯示彈性

Unlike spot markets, crypto derivatives demonstrated resilience, with a relatively small dip of 3.6% to $20.2 trillion in trading volume. This indicates traders are still actively using derivatives to hedge risks and leverage volatility.

與現貨市場不同，加密衍生品表現出彈性，相對較小的下跌3.6％至20.2萬億美元的交易量。這表明貿易商仍在積極使用衍生品來對沖風險並利用波動性。

Bitcoin ETFs Shine

比特幣ETF閃耀

Crypto exchange-traded funds (ETFs) experienced remarkable growth, with BlackRock seeing a 370% surge in inflows. This is part of a broader trend of increasing interest in crypto ETPs, particularly Bitcoin funds, which helped drive Bitcoin's price up by 25% in Q2.

加密交易所交易基金（ETF）的增長顯著增長，貝萊德的流入量增加了370％。這是對加密ETP興趣增加的更廣泛趨勢的一部分，尤其是比特幣基金，這有助於將比特幣的價格提高25％。

Trump Tariffs Russia: A Market Shocker

特朗普關稅俄羅斯：市場令人震驚

Adding another layer of complexity, the announcement of potential tariffs on countries trading with Russia sent ripples through the crypto market. Bitcoin briefly hit a record high of $121,000 before plummeting to $117,000. This highlights the sensitivity of crypto to geopolitical news.

增加了另一層複雜性，對與俄羅斯交易的國家宣布潛在的關稅使漣漪通過加密貨幣市場散發出來。比特幣短暫地達到了$ 121,000的創紀錄，然後跌至117,000美元。這突出了加密對地緣政治新聞的敏感性。

Media Coverage: Polarized and Lacking

媒體報導：兩極分化和缺乏

Mainstream media coverage of Bitcoin and crypto in Q2 was polarized and lacking in volume. Elite financial publications like The Wall Street Journal and The New York Times provided limited coverage, leaving a gap filled by outlets like Forbes and CNBC. This created "information asymmetry," leaving some investors underinformed.

Q2中對比特幣和加密貨幣的主流媒體報導是兩極分化的，而且體積缺乏。 《華爾街日報》和《紐約時報》等精英財務出版物提供了有限的報導，留下了福布斯和CNBC等商店的差距。這造成了“信息不對稱”，使一些投資者的信息不足。

Overall Thoughts

總體想法

It seems the market is in an interesting place. While Bitcoin and crypto ETFs are seeing a lot of interest and growth, the spot market is facing a decline. This may be because of uncertainty in the global economy and geopolitical tensions. The tariffs on Russia are another factor, so it is important to watch out. I believe that it's important to look at all the information from different sources, especially in the light of polarized narratives in the media. For example, while some media may emphasize adoption and mining, others may focus on legal and cybersecurity concerns.

看來市場在一個有趣的地方。儘管比特幣和加密ETF看到了很多興趣和增長，但現貨市場仍面臨下降。這可能是由於全球經濟和地緣政治緊張局勢的不確定性。俄羅斯的關稅是另一個因素，因此要注意很重要。我認為，重要的是要查看來自不同來源的所有信息，尤其是鑑於媒體兩極分化的敘述。例如，儘管有些媒體可能會強調採用和採礦，但其他媒體可能會關注法律和網絡安全問題。

So, what's next? Only time will tell, but one thing's for sure: the world of crypto is never boring!

那麼，下一步是什麼？只有時間會說明，但是可以肯定的是：加密世界永遠不會無聊！