28 October 2025
Markets calm, crypto steady
LMAX Digital performance

LMAX Digital volumes got off to a solid start to the week. Total notional volume for Monday came in at $740 million, 7% above 30-day average volume.

Bitcoin volume printed $391 million, 14% above 30-day average volume. Ether volume came in at $179 million, 4% below 30-day average volume.

Looking at average position size over the past 30 days, we’re seeing average bitcoin position size at $12,657 and average position size for ether at $3,308.

Bitcoin and ETH volatility have been in cool down mode following the latest surge. We’re looking at average daily ranges in bitcoin and ether of $3,474 and $208 respectively.

Latest industry news

Over the past 24 hours, the crypto market has held up well, with bitcoin trading steadily near recent highs and maintaining its role as a barometer for broader risk appetite.

The resilience comes as global markets react positively to easing geopolitical tensions and growing expectations of a more accommodative central bank stance.

A softer U.S. dollar and a modest decline in Treasury yields have provided a supportive backdrop, helping sustain demand for risk assets, including crypto.

Positioning data suggests some short covering in derivatives markets, while improving liquidity and steady inflows into spot exchanges indicate institutional participation remains intact.

Within the crypto complex, ETH has benefited from renewed optimism around scaling progress and ongoing staking demand, while sentiment in select altcoins has improved alongside a rebound in decentralized finance activity.

Stablecoin inflows to major exchanges have added to the constructive tone, suggesting new capital may be re-entering the market.

Broader macro dynamics have also helped shape sentiment, with investors encouraged by constructive U.S.–China trade commentary and moderating inflation expectations in key economies.

Political headlines in Europe and the ongoing debate around digital-asset regulation have kept volatility in check but remind traders that policy risk remains a background factor.

Looking ahead, attention turns to whether bitcoin can sustain its current range and consolidate above key resistance into month-end.

The balance between macro signals, central-bank rhetoric, and flows into crypto investment products will remain the key drivers of direction in the near term.

LMAX Digital metrics
Price performance
last 30 days avg. vs USD (%)
Total volumes
last 30 days ($bn)
BTCUSD volumes
last 30 days ($bn)
BTCUSD avg. trade size
last 30 days ($k)
ETHUSD avg. trade size
last 30 days ($k)
Average daily range
BTCUSD
$3,474
ETHUSD
$208
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