Bitcoin Volatility Drops to 1.81%

BlockBeats News, June 2nd, Bitcoin's volatility has dropped to 1.81%, staying near the average level from the end of February this year.

BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility drops, it may indicate a reduction in short-term speculators, the market entering a consolidation phase 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 subsequently decrease.