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Bitcoin volatility has dropped to 1.59%
BlockBeats news, on July 1, Bitcoin volatility fell to 1.59%, showing an overall downward trend over the past month. BlockBeats notes: high Bitcoin volatility is often related to speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, leading the market into a consolidation phase or "cooling 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 also decrease.