Mars Finance News, on April 21, according to Coinglass data, Bitcoin volatility dropped to 2.66%, after consecutive declines for eight days. High Bitcoin volatility is typically associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, with the market entering a consolidation period or "cooling 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 decline.
Bitcoin volatility falls back to 2.66% after eight straight days of decline
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