According to BlockBeats, on June 13, Bitcoin volatility rose to 1.77% due to the new geopolitical war situation between Israel and Iran, marking five consecutive days of increase.
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 the market into a consolidation phase or 'cooling period.' Additionally, macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks can also affect Bitcoin price volatility. When these factors stabilize, Bitcoin volatility may decrease accordingly.
