比特币集会中的加密货币交易低迷：Q2报告重点

第2季度2025揭示了尽管比特币集会，衍生品的弹性和ETF增长，但加密货币现场贸易下降。特朗普的关税增加了市场不确定性。

Crypto Spot Trading Slump Amid Bitcoin Rally: Q2 Report Highlights

比特币集会中的加密货币交易低迷：Q2报告重点

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!

尽管进行了比特币集会，但第二季度2025年为加密货币市场绘制了一幅混合图片。现场交易量下降，衍生品表现出弹性，比特币ETF飙升。让我们潜入！

Crypto Spot Trading Takes a Dip

加密货币交易跌幅

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.

一份新报告显示，加密货币现货交易在2025年第二季度经历了重大衰退，下降了22％，至3.6万亿美元。尽管看起来像是有利的市场状况，但这扩大了第1季度的低迷。下降归因于减少山寨币交易活动和流动性。

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.

尽管大多数交易所的下降，但MEXC和BITGET设法增加了他们的现货交易量，而MEXC以2.7％的收益领先。这很有趣，因为大多数其他人都看到了减少。

Crypto Derivatives Show Resilience

加密衍生品显示弹性

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.

与现货市场不同，加密衍生品表现出弹性，相对较小的下跌3.6％至20.2万亿美元的交易量。这表明贸易商仍在积极使用衍生品来对冲风险并利用波动性。

Bitcoin ETFs Shine

比特币ETF闪耀

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）的增长显着增长，贝莱德的流入量增加了370％。这是对加密ETP兴趣增加的更广泛趋势的一部分，尤其是比特币基金，这有助于将比特币的价格提高25％。

Trump Tariffs Russia: A Market Shocker

特朗普关税俄罗斯：市场令人震惊

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.

增加了另一层复杂性，对与俄罗斯交易的国家宣布潜在的关税使涟漪通过加密货币市场散发出来。比特币短暂地达到了$ 121,000的创纪录，然后跌至117,000美元。这突出了加密对地缘政治新闻的敏感性。

Media Coverage: Polarized and Lacking

媒体报道：两极分化和缺乏

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中对比特币和加密货币的主流媒体报道是两极分化的，而且体积缺乏。 《华尔街日报》和《纽约时报》等精英财务出版物提供了有限的报道，留下了福布斯和CNBC等商店的差距。这造成了“信息不对称”，使一些投资者的信息不足。

Overall Thoughts

总体想法

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.

看来市场在一个有趣的地方。尽管比特币和加密ETF看到了很多兴趣和增长，但现货市场仍面临下降。这可能是由于全球经济和地缘政治紧张局势的不确定性。俄罗斯的关税是另一个因素，因此要注意很重要。我认为，重要的是要查看来自不同来源的所有信息，尤其是鉴于媒体两极分化的叙述。例如，尽管有些媒体可能会强调采用和采矿，但其他媒体可能会关注法律和网络安全问题。

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

那么，下一步是什么？只有时间会说明，但是可以肯定的是：加密世界永远不会无聊！