Bitcoin Volatility Dips as Markets Stabilize

Recent data reveals a decreasing trend in Bitcoin’s volatility, currently at 2.90% according to BlockBeats and Coinglass. This dip may be attributed to decreased short-term speculative activity spurred by market stabilization. A reduction in volatility often signals a decrease in FOMO (fear of missing out) driven trading, potentially indicating a period of consolidation or ‘cooling off’ for the market. Furthermore, Bitcoin price fluctuations are historically linked to external factors such as inflation expectations, interest rate changes, and geopolitical risks. As these macroeconomic events stabilize, Bitcoin’s volatility tends to follow suit.