According to BlockBeats, data from Coinglass indicates that Bitcoin's volatility has been decreasing for several days, currently standing at 2.90%.
High Bitcoin volatility 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, signaling a consolidation or 'cooling-off' period in the market. Additionally, Bitcoin 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.
