Bitcoin Volatility Slightly Rises to 1.79%

Blockbeats
24 May

BlockBeats News, May 24th: The Bitcoin volatility, after reaching a recent low on May 22nd (1.58%), has seen a slight increase for two consecutive days, now standing at 1.79%.

BlockBeats Note: High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When the volatility decreases, it may indicate a reduction in short-term speculators, and the market may enter a consolidation period or a "cooling-off" period. Furthermore, Bitcoin price volatility is 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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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