Bitcoin Volatility Sees Fourth Consecutive Day of Decline, Currently at 1.88%

BlockBeats News, May 12th, according to Coinglass data, Bitcoin's volatility has been decreasing for four consecutive days, currently standing at 1.88%, approaching the levels seen at the end of February this year.

High Bitcoin volatility is usually associated with speculative trading and retail FOMO sentiment. When volatility declines, it may indicate a reduction in short-term speculators, and the market may enter a consolidation phase or a "cooling-off period." Furthermore, Bitcoin's 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 also decrease.