Bitcoin volatility shows slight increase after recent decline

AI Summary

According to BlockBeats, Bitcoin volatility has seen a slight increase over the past two days, following a recent decline of 1.58% on May 22. The current volatility rate is recorded at 1.79%.

Bitcoin volatility is often associated with speculative trading and individual investor fear of missing out (FOMO). A decrease in volatility may indicate a reduction in short-term speculative activity, suggesting that the market is entering a consolidation or 'cooling' period. Additionally, Bitcoin price fluctuations are frequently linked to major economic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin volatility may also decrease.