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Bitcoin volatility has dropped to 1.81%.
BlockBeats news, on June 2, Bitcoin volatility fell to 1.81%, maintaining an average level near the end of February this year. BlockBeats notes: high volatility in Bitcoin is often related to speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation phase or a "calm period." Additionally, Bitcoin price fluctuations are often 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.