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- 🎉 Registration for the $5 Million WCTC S7 Trading Competition is Live!
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👉 More WCTC S7 Details: https://www.gate.io/announcements/article/44440
Bitcoin volatility has dropped to 2.84%
On April 11, according to Coinglass data, Bitcoin volatility has fallen for two consecutive days, currently reported at 2.54%. High Bitcoin volatility is often associated with 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 or "calm 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.