Bitcoin Volatility Rises to 1.77%
On June 13, possibly influenced by the new geopolitical conflict between Israel and Iran, Bitcoin volatility rebounded to 1.77%, marking a roughly five-day upward trend.
Note: High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility subsides, it may indicate a reduction in short-term speculators and that the market is entering a consolidation or "cooling-off" period. Additionally, Bitcoin price fluctuations are frequently linked to macroeconomic events such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin volatility may also decrease.

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.
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Data: 27 BTC transferred out from Cumberland DRW, worth approximately $2.43 million