Cryptocurrency market trading volume has plummeted to its lowest level since 2022, according to 10x Research. The total market capitalization stands at $2.3 trillion, marking a 1.7% decrease from last week. The weekly average trading volume has dropped to $90 billion, a 7% decline from the norm. Bitcoin's weekly trading volume is $38.2 billion, 5% below average, while Ethereum's is $18.3 billion, 18% below average. Ethereum network fees are at 0.12 Gwei, indicating low utilization. Bitcoin's funding rate increased by 4.1% to 1.5%, with open interest in futures contracts rising by $100 million to $21.5 billion. Similarly, Ethereum's funding rate rose by 3.7% to 2.8%, with open interest in futures contracts also increasing by $100 million to $11.8 billion.