[Block Rhythm] On June 20, Bitcoin volatility dropped to 1.62%, marking a week of slight fluctuations.
The high volatility of Bitcoin is usually related to speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation or “cooling-off” 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 decrease accordingly.
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Bitcoin volatility has dropped to 1.62%, maintaining a slight fluctuation for a week.
[Block Rhythm] On June 20, Bitcoin volatility dropped to 1.62%, marking a week of slight fluctuations.
The high volatility of Bitcoin is usually related to speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation or “cooling-off” 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 decrease accordingly.