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Bitcoin volatility has dropped to 2.54%
BlockBeats news, on April 9, according to Coinglass data, Bitcoin volatility has fallen for two consecutive days, now retreating to 2.54%. High Bitcoin volatility is usually related to speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, signaling a market consolidation period or a "calm period." Furthermore, 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 also decrease.