Bitcoin Tops $80,000 as Major-Asset Spot Trading Volume Surges

A sharp rise in Spot trading activity was reported by MEXC as Bitcoin topped $80,000. From August 20 to 22, the average daily Spot trading volume of BTC, ETH, SOL, and XRP increased by approximately 299% from the daily average recorded between August 1 and 17.

Over the same period, the combined average daily trading volume of ETH, SOL, and XRP exceeded that of BTC. This shift in trading composition had already emerged on August 19, when the combined trading share of these three major assets rose by 16.2 percentage points to 46.7%.

When BTC topped $80,000 on August 25, its Spot trading volume increased by approximately 164%, while ETH volume rose by 220%. SOL and XRP each increased by around 500%.

The trend continued on August 27, when ETH and SOL climbed to nearly six-month highs. On MEXC, ETH Spot trading volume increased by 36.3% from the previous day, while SOL volume rose by 109.7%.