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Bitcoin volatility has dropped to 1.62%
BlockBeats news, on June 20, Bitcoin’s volatility fell to 1.62%, having fluctuated slightly for a week. BlockBeats note: High volatility of Bitcoin is usually 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 “cooling period”. Additionally, Bitcoin price fluctuations are often tied to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin’s volatility may also decrease.