币界网报道：Bitcoin trading volumes plummeted by 31.84% following widespread exchange outages, as major platforms like Binance, Kraken, and Coinbase experienced technical disruptions lasting several hours. The interruptions coincided with heightened market volatility, leaving traders unable to execute orders during critical price swings. Analysts noted the volume drop reflects both the immediate liquidity crunch and broader concerns about exchange reliability during peak periods. While most services were restored within 4-6 hours, the incident has reignited debates about infrastructure resilience in crypto markets. Some exchanges reported partial functionality through APIs during the outages, though retail users faced complete trading suspensions. Market makers adjusted strategies in response, with several firms temporarily widening spreads to account for reduced liquidity. The disruptions occurred as Bitcoin tested key resistance levels near $43,000, potentially amplifying the impact on derivative positions. Industry observers suggest the event may accelerate institutional interest in decentralized alternatives, though current volumes remain concentrated on centralized platforms. Exchange representatives attributed the issues to unprecedented order book depth and matching engine strain during volatile conditions.