BlockBeats news, on May 10, according to Coinglass data, Bitcoin volatility has fallen for two consecutive days, currently reported at 2.02%, and has now dropped to levels seen at the end of February this year.
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, leading the market into 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 subside.
