According to BlockBeats, on June 13, Bitcoin's volatility rose to 1.77% due to the new geopolitical situation caused by the Israel-Iran conflict, marking five consecutive days of increase.
High Bitcoin volatility is usually associated with speculative trading and retail FOMO sentiment. A decrease in volatility may indicate a reduction in short-term speculators, signaling a market consolidation or 'calm period.' Additionally, macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks can also affect Bitcoin price volatility. When these factors stabilize, Bitcoin volatility may decrease accordingly.