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FX & Crypto Insights – Institutional thought leadership

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  • ETH closes in on record high

    13 August 2025 ETH closes in on record high LMAX Digital performance LMAX Digital volumes were solid again on Tuesday, with ETH volume outpacing bitcoin. Total notional volume for Tuesday came in at $805 million, 28% above 30-day average volume. Bitcoin volume printed $274 million, 1% above 30-day average volume. Ether volume came in at […]

  • Bitcoin cools, ETH holds steady

    12 August 2025 Bitcoin cools, ETH holds steady LMAX Digital performance LMAX Digital volumes got off to a healthy start this week. Total notional volume for Monday came in at $775 million, 26% above 30-day average volume. Bitcoin volume printed $388 million, 45% above 30-day average volume. Ether volume came in at $226 million, 29% […]

  • Crypto cools after weekend heat

    11 August 2025 Crypto cools after weekend heat LMAX Digital performance Total notional volume from last Monday through Friday came in at $2.2 billion, 29% lower than the week earlier. Breaking it down per coin, bitcoin volume came in at $820 million, 45% lower than the previous week. Ether volume came in at $859 million, […]

  • Policy tailwinds boost crypto assets

    7 August 2025 Policy tailwinds boost crypto assets LMAX Digital performance LMAX Digital volumes improved slightly from Tuesday but were still light in thin summer trading conditions. Total notional volume for Wednesday came in at $336 million, 46% below 30-day average volume. Bitcoin volume printed $165 million, 42% below 30-day average volume. Ether volume came […]

  • Holding the line in cautious summer trade

    6 August 2025 Holding the line in cautious summer trade LMAX Digital performance LMAX Digital volumes were light on Tuesday, presumably on account of thinner summer trading conditions. Total notional volume for Tuesday came in at $323 million, 48% below 30-day average volume. Bitcoin volume printed $126 million, 56% below 30-day average volume. Ether volume […]

  • Regulatory progress offsets risk market drag

    5 August 2025 Regulatory progress offsets risk market drag LMAX Digital performance LMAX Digital volumes got off to a quiet start this week. Total notional volume for Monday came in at $292 million, 53% below 30-day average volume. Bitcoin volume printed $124 million, 56% below 30-day average volume. Ether volume came in at $79 million, […]

  • Crypto recovers on repricing of US rates

    4 August 2025 Crypto recovers on repricing of US rates LMAX Digital performance Total notional volume from last Monday through Friday came in at $3.1 billion, 28% lower than the week earlier. Breaking it down per coin, bitcoin volume came in at $1.5 billion, 25% lower than the previous week. Ether volume came in at […]

  • ETH shines, Fed shrugs, bulls hold ground

    31 July 2025 ETH shines, Fed shrugs, bulls hold ground LMAX Digital performance LMAX Digital volumes lightened up on Wednesday. Total notional volume for Wednesday came in at $538 million, 11% below 30-day average volume. Bitcoin volume printed $260 million, 8% below 30-day average volume. Ether volume came in at $124 million, 21% below 30-day […]

  • Cautious tone ahead of Fed decision

    30 July 2025 Cautious tone ahead of Fed decision LMAX Digital performance LMAX Digital volumes were healthy on Tuesday. Total notional volume for Tuesday came in at $668 million, 10% above 30-day average volume. Bitcoin volume printed $301 million, 8% above 30-day average volume. Ether volume came in at $256 million, 63% above 30-day average […]

  • Treasury demand fueling ETH outperformance

    29 July 2025 Treasury demand fueling ETH outperformance LMAX Digital performance LMAX Digital volumes got off to a solid start this week. Total notional volume for Monday came in at $677 million, 15% above 30-day average volume. Bitcoin volume printed $310 million, 14% above 30-day average volume. Ether volume came in at $208 million, 39% […]

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