Bitcoin Volatility Drops to 1.62%

BlockBeats News, June 20th, Bitcoin volatility has dropped to 1.62%, maintaining a slight fluctuation for a week.

BlockBeats Note: High Bitcoin volatility is usually associated with speculative trading and retail FOMO sentiment. A decrease in volatility may indicate a reduction in short-term speculators, leading the market into a consolidation phase or a "cooling-off period." Additionally, 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.