Bitcoin Volatility Sees Sharp Decline, Now at 2.68%

BlockBeats News, April 3rd, according to Coinglass data, Bitcoin's volatility has significantly dropped, now at 2.68%, compared to the volatility of 3.47% observed on March 30th.

High Bitcoin volatility is usually associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, the market entering a consolidation phase or a "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.