According to BlockBeats, on July 1, Bitcoin volatility fell to 1.59%, showing a downward trend over the past month. High volatility is often associated with speculative trading and retail FOMO sentiment. The decline in volatility may indicate a reduction in short-term speculators, signaling that the market is entering a consolidation or calm period. 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's volatility may also decrease.

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