The volume of cryptocurrency trading in domestic exchange offices rose by 40% to CZK 1.4 billion in October compared to the previous month. Since the beginning of the year, investors in Czechia have bought or sold cryptocurrencies worth CZK 13.1 billion. This is according to information from traders.
Cryptocurrency trading
In the last six months, monthly trading volumes have ranged from one billion to approximately 1.5 billion, with month-on-month fluctuations reaching up to CZK 400 million.
The total turnover of one of the largest exchange offices, Anycoin, reached CZK 572.7 million in October, of which CZK 364.1 million was accounted for by purchases and the rest by sales of cryptocurrencies. “The total volume of cryptocurrencies traded at Czech exchange offices in October 2025 was approximately CZK 1.4 billion. If we also include the turnover of Czech entities on global exchanges, it could be double that, i.e., CZK 2.8 billion,” said Anycoin director Marek Kyrsch.
Another trader, Bit.plus, according to director Martin Stránský, recorded a decline in trading volume of about one-tenth, but a year-on-year increase of 13.6 percent. “We managed to keep our turnover above the twelve-month and six-month averages, but not our profits. In the next two months, I expect the markets to decline by five to seven percent, with cryptocurrencies following this trend. I estimate that the price of bitcoin will range between $106,000 and $115,000,” he added.
“At the end of the year, I expect a slight correction in the cryptocurrency market of around five percent. This development reflects a combination of monetary policy expectations and short-term volatility,” added Rostislav Plachý of Golden Gate Digital.
Crypto market under pressure
According to Coingarage director Ota Janda, October showed that cryptocurrencies are experiencing both a phase of significant growth and a sharp reversal in sentiment. “Regulation, institutional interest, and macroeconomic conditions remain the key drivers. Although capital inflows were record-breaking at the beginning of the month, the market was not immune to geopolitical events such as tensions between the US and China,” he noted.
According to Tomáš Kalabis of Wood & Company Blockchain+, October was a unique month in the last six years because bitcoin achieved positive returns every time during that period. “However, this year is specific in many ways, and during October, Bitcoin lost 3.7 percent in dollar terms. The crypto asset market wrote off a total of 7.4 percent. Bitcoin was trading at around $109,500 at the end of the month and briefly fell below $100,000 at the beginning of November.
“It is clear that the market decline was triggered by President Trump‘s October 10 announcement of new tariffs on Chinese goods. As a result, $20 billion worth of leveraged derivative positions were liquidated, and the market lost nearly 10 percent of its value in a single day,” Kalabis added.
Source: Reuters
