Bitcoin Volatility Declines Amid Market Calm

According to BlockBeats, data from Coinglass indicates that Bitcoin's volatility has decreased for two consecutive days, now standing at 2. 54%. High Bitcoin volatility is often associated with speculative trading and retail investor FOMO (fear of missing out). A decline in volatility may suggest a reduction in short-term speculative activity, leading to a market consolidation or 'cooling-off' period source: https://www.binance.com/en/square/post/22679157198217?utm_source=BinanceNewsRSS