Bitcoin Volatility Slightly Rises to 1.79%

BlockBeats News, May 24th: The Bitcoin volatility, after reaching a recent low on May 22nd (1.58%), has seen a slight increase for two consecutive days, now standing at 1.79%.

BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When the volatility decreases, it may indicate a reduction in short-term speculators, and the market may enter a consolidation period or a "cooling-off" period. Furthermore, Bitcoin price volatility is 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.