Bitcoin Volatility Drops to 2.54%

BlockBeats News, April 9th, according to Coinglass data, Bitcoin's volatility has continued to fall for two consecutive days and has now dropped to 2.54%.

High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculation, the market entering 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 also decrease.