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Bullish July Metrics Show Decline in Trading Volume

Guavy AI Editorial Team
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Bullish released its unaudited monthly metrics for July 2026, showing a total trading volume of $30.7 billion, down from $50.9 billion in June 2026 and $53.8 billion in July 2025.

The company reported that the average trading spread increased to 2.62 basis points (bps) in July 2026 compared to 2.56 bps in June 2026, exceeding the 1.52 bps level in July 2025.

BTC and ETH volatility remained within historical ranges, with a monthly average of 32% for BTC and 44% for ETH in July 2026.

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