Bitcoin Volatility Declines Amid Market Stabilization.
According to BlockBeats, Bitcoin's volatility has decreased to 2.73%, following a week-long downward trend, as reported by Coinglass data. High volatility in Bitcoin is often associated with speculative trading and retail investor FOMO (fear of missing out). A decline in volatility may indicate a reduction in short-term speculative activity, suggesting the market is entering a consolidation or 'cooling-off' period.
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.