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Bitcoin Volatility Drops to 1.59%
Summary: According to reports, Bitcoin volatility has dropped to 1.59%, showing an overall downward trend in the past month. High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. A decrease in volatility may indicate a reduction in short-term speculators, leading to a period of consolidation or calm in the market. Additionally, Bitcoin ...
According to reports, Bitcoin volatility has dropped to 1.59%, showing an overall downward trend in the past month. High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. A decrease in volatility may indicate a reduction in short-term speculators, leading to a period of consolidation or calm in the market. Additionally, Bitcoin price fluctuations are often linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin volatility may decrease accordingly.
