Bitcoin Volatility Drops to February Levels

Bitcoin’s volatility has been steadily declining for four consecutive days, currently reaching 1.88%, levels last witnessed at the end of February this year according to Blockbeats. This reduction in volatility could suggest a shift away from short-term speculative trading and a potential decrease in overall market excitement (FOMO). Additionally, this trend may be influenced by external factors such as inflation expectations or interest rate changes. As these macroeconomic conditions stabilize, Bitcoin’s volatility is likely to follow suit.