According to BlockBeats, data from The Block showed that on October 30, the 7-day moving average of spot trading volume on well-known market platforms exceeded $24 billion on October 26, rising to the highest level since the end of March. In addition, market volatility has increased compared to the summer, and traders are dealing with headlines about the possible launch of a spot Bitcoin ETF, which supporters believe will create new channels for capital inflows. Data shows that Bitcoin volatility has risen to its highest level since April.