Bitcoin Volatility Slightly Rises to 1.79%
On May 24, Bitcoin volatility has slightly rebounded for two consecutive days after hitting a recent low of 1.58% on May 22, now reported at 1.79%.
Note: High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market may enter a consolidation or "calm" period. Additionally, Bitcoin price fluctuations are 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Applied Materials director Judy Bruner disposes of USD 465,000 in common shares
Standard Lithium signs 10-year lithium carbonate offtake deal with LG Energy Solution
Reliance Global Group director Ben Fruchtzweig disposes of USD 40,669.41 in common shares
Celsius CEO John Fieldly reports purchase of 18,000 common shares worth $493,842.6
Crypto prices
More
