CoinVoice has recently learned that, according to Coinglass data, Bitcoin volatility has dropped to 2.34% and has been on a downward trend for 3 consecutive days.

High Bitcoin volatility is usually associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market may enter a consolidation phase or a '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. [Original link]