According to BlockBeats, Bitcoin's volatility has experienced a slight increase over the past two days, following a recent low of 1.58% on May 22. The current volatility rate is reported at 1.79%.
Bitcoin's volatility is often associated with speculative trading and retail investors' fear of missing out (FOMO). A decrease in volatility may indicate a reduction in short-term speculative activity, suggesting the market is entering a consolidation or 'cooling-off' period. Additionally, 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 may also decrease.
