Bitcoin volatility falls back to 2.84%

avatar
MarsBit
04-11
This article is machine translated
Show original
Mars Finance News, on April 11, according to Coinglass data, Bitcoin volatility has declined for two consecutive days, currently reported at 2.54%. High Bitcoin volatility is typically associated with speculative trading and retail FOMO sentiment. When volatility declines, it may indicate a reduction in short-term speculators, with the market entering a consolidation period or "cooling-off phase". Additionally, Bitcoin price fluctuations are often linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors tend to stabilize, Bitcoin's volatility may correspondingly decrease.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments