Bitcoin Surges Over 30% in August Despite Low Trading Volume

CryptoQuant analyst Darkfost reported that while Bitcoin rose more than 30% in August, spot trading volume across major exchanges remains weak, continuing a downward trend since July. Current volume levels are near three-year lows, comparable to September 2023. Compared to market peaks in October 2025, spot trading volume has dropped by approximately 70% on platforms including Binance, Gate, and Bybit.