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<a href="https://jpykr.com/btc-usd/">Bitcoin</a> price faces Iran shock as <a href="https://jpyxx.com/btc-usd/">BTC</a> volume crashes 81%

On May 26th, Bitcoin was trading around $76,600, a slight decrease of 0.72% from the previous day, according to data from crypto.news.

Summary

  • Bitcoin spot volumes dropped 81% since October 2025, returning toward July 2023 bear-market activity levels.
  • Binance volume fell to $36.4 billion, while Gateio and Bybit also recorded steep trading declines.
  • Rising Binance funding rates show leveraged demand returning as spot activity and active addresses cool.

The page also displayed trading volume of $19.88 billion over the past 24 hours, a market value of $1.53 trillion, and a price that fluctuated between $76,400 and $77,700 during the day.

Things got a little shaky in the crypto market today because of some news coming out of the Middle East. I saw reports that U.S. forces hit targets in southern Iran, and while they’re calling it self-defense, it definitely spooked traders. Interestingly, they also said the ceasefire is still holding, but the market reacted to the immediate tension anyway.

Bitcoin briefly climbed to around $77,700 on Monday before falling back below $76,500. This drop left the price near a level where it has struggled to break through in previous attempts to recover.

As crypto.news previously covered, if the U.S. and Iran were to reach an agreement, it could decrease Bitcoin’s value as a safe haven asset, particularly if it leads to the reopening of the Strait of Hormuz and reduces risks in the energy market. Easing sanctions could also reignite discussions about the future of Bitcoin and stablecoins, as countries reconsider their reliance on the U.S. dollar.

Bitcoin spot trading volume falls to bear-market lows

According to CryptoQuant contributor Darkfost, trading volume for Bitcoin has significantly decreased, falling by 81% since October 2025. He notes that current trading levels are as low as those seen in July 2023, which was a time of generally slow trading during a bear market.

Binance remained the top exchange for Bitcoin trading, with $36.4 billion in volume. However, this was a significant decrease from $198.6 billion in October 2025. Trading volume also declined on other platforms, dropping 79.6% on Gateio and 66% on Bybit, according to the latest data.

Bitcoin trading has significantly slowed down. Trading volume has dropped 81% since October 2025, reaching levels usually seen during periods of declining prices. In fact, current volume is the lowest it’s been since July 2023. Despite this decrease, Binance remains a dominant player…

— Darkfost (@Darkfost_Coc) May 26, 2026

The analyst believes the decrease in trading volume is due to the current economic environment, which is challenging for investments considered risky. Increasing inflation and the ongoing conflict between the U.S. and Iran have led some investors to shift their money into commodities and standard stock market indexes rather than cryptocurrencies.

This data could also suggest a more positive outlook. The decrease in trading volume might indicate that the selling pressure driving the recent price drop is weakening. Historically, a drop in volume has often preceded a return to market volatility, though it doesn’t guarantee a quick rebound.

Network activity and funding send mixed signals

Bitcoin network activity has slowed down recently. According to analyst Ali Charts, the number of active Bitcoin addresses decreased by nearly 40% in the past two weeks, falling from 821,000 to 494,000. This suggests a decrease in short-term trading as some investors are currently holding back.

The Bitcoin network has seen a decrease in activity recently. The number of active addresses has dropped by almost 40% in the last two weeks, going from 821,000 to 494,000. This often happens when the price of Bitcoin stabilizes, suggesting that short-term, speculative traders are stepping back.

— Ali Charts (@alicharts) May 26, 2026

This aligns with the trend of low trading activity. A drop in active addresses during stable prices usually indicates fewer traders are trying to profit from quick market changes. It may also suggest decreased interest in making transactions and less participation from individual investors.

Data from the derivatives market tells a different story. According to CryptoQuant analyst Arab Chain, Bitcoin funding rates on Binance recently hit 0.0081 – the highest they’ve been since December 2025. This increase seems to be driven by more traders opening long positions as Bitcoin’s price approached $77,000.

Increased borrowing costs indicate that traders with leveraged positions are facing higher expenses to maintain their bets. This could help prices rise if buying interest increases. However, it also increases the chance of forced selling if the price drops rapidly, potentially causing losses for many traders who are currently betting on a price increase.

According to crypto.news, Bitcoin funding had been low for several weeks leading up to the price drop in April. Binance traders, specifically, maintained negative funding rates for 46 consecutive days, indicating continued hesitancy in the market.

Bitcoin price waits for volume confirmation

Right now, Bitcoin is seeing a mix of low immediate buying and increased trading in futures and options. Actual purchases have decreased significantly, fewer Bitcoin addresses are being used, and the price is still below its recent peak of around $77,700.

We’re also seeing some traders who use borrowed money come back into the market, which is indicated by positive funding rates. This makes the market more easily affected by unexpected price changes, as lower trading volume can lead to bigger and faster swings.

Right now, traders are focused on whether Bitcoin can rise back above $77,700 and then move towards $78,000. If it breaks through that level without difficulty, it would suggest that buyers aren’t being discouraged by global events or slow trading.

If Bitcoin falls below $76,000, prices could drop further, looking for support at lower levels. Investors will also be watching news about Iran, how much money is being used to fund trades, and overall trading activity to see if the market is gaining momentum.

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2026-05-26 11:10