Global Retail Crypto Volumes Decline 11% in Q1 as Bitcoin Drops 22%

Global retail cryptocurrency volumes experienced an 11% year-over-year decline, reaching $979 billion in the first quarter, according to TRM Labs. This marks the second consecutive quarterly contraction. Bitcoin saw a 22% decrease during the quarter after previously surpassing $126,000 in late 2025. Meanwhile, Turkey's crypto volumes increased by 7% year over year, while activity in Latin America and South Asia remained largely stable.