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Market Cap
24h Vol
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Cryptocurrencies
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Bitcoin Share
Coin Edition 2025-05-27 13:30:00

Crypto Market Pulse: Bitcoin ATH Volume Down 50%, India Tax Reform Pressure Mounts

Crypto Market Pulse: Bitcoin ATH Volume Down 50%, India Tax Reform Pressure Mounts

Bitcoin (BTC) hit a new ATH of $112,000 on May 22 but with unusually low trading volume. Trump Media & Technology Group reportedly plans a $3 billion investment in cryptocurrencies. India’s crypto industry advocates for tax reforms to revive domestic digital asset trading. Bitcoin reached a new all-time high (ATH) of $112,000 on May 22, but data shows that the daily trading volume was notably low at $20 billion. This is over 50% less than volumes observed during previous big events, such as Trump’s inauguration day or last year’s ATH in December. For comparison, daily trading volume hit $55 billion during Trump’s inauguration and $53 billion during the December 2024 ATH. This points out that traders may be exercising caution, possibly awaiting further market developments or clearer signals before increasing their activity. There could be several factors contributing to this, such as the outcomes of events like the FTX creditor repayments, or even just general market uncertainty. The last few months have been particularly volatile for the global financial scene due to Trump’s administration policies, something that wasn’t present in the last few A… The post Crypto Market Pulse: Bitcoin ATH Volume Down 50%, India Tax Reform Pressure Mounts appeared first on Coin Edition .

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