📉 Sharp Decline in Crypto Trading Volumes Crypto trading volumes have dropped noticeably, with spot trading volume on centralized exchanges (CEXs) reaching only $1.1 trillion in January. 🔍 This could be the lowest level since July 2025, reflecting: • Weaker trading activity and speculation • Growing caution among traders • A wait-and-see approach for new market catalysts Liquidity is cooling down… and the market is clearly in a phase of anticipation 📊⏳.