Bitcoin Volatility Slightly Rises to 1.90%
On May 19, Bitcoin's volatility slightly rose to 1.90%, maintaining an upward trend for four consecutive days.
High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market may enter a consolidation or "cooling-off" 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 decrease accordingly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan expects the Federal Reserve to cut interest rates in December, overturning its forecast from a week ago.
Securitize receives EU approval to launch tokenized trading and settlement system
Data: 14.8398 million POL transferred to a certain exchange, worth approximately $2.04 million
The Dow Jones Index closed up by 314.67 points, with both the S&P 500 and Nasdaq also rising.
