According to BlockBeats, recent data from Coinglass indicates that Bitcoin's volatility has decreased for two consecutive days, currently standing at 2.02%. This level of volatility has returned to what was observed at the end of February this year.
High volatility in Bitcoin is often associated with speculative trading and retail investors' fear of missing out (FOMO). A decline in volatility may suggest a reduction in short-term speculative activity, leading the market into a consolidation or 'calm' phase. Additionally, Bitcoin's price fluctuations are frequently linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility tends to decrease accordingly.
