The daily trading volume and Bitcoin volatility in the cryptocurrency market have both reached the highest levels since April.

According to BlockBeats news on October 30th, The Block data showed that the 7-day moving average of trading volume on the well-known market platform for spot trading broke through $24 billion on October 26th, reaching the highest level since the end of March. In addition, compared to the summer, the market has experienced more significant volatility as traders deal with headlines about the possible launch of a spot Bitcoin ETF, which supporters believe will create new channels for capital inflows. Data shows that Bitcoin volatility has risen to the highest level since April.