Bitcoin Volatility Slightly Rises to 1.79%

On May 24, Bitcoin's volatility has slightly rebounded for two consecutive days after hitting a recent low of 1.58% on May 22, now reporting at 1.79%.

BlockBeats Note: 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 "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 decrease accordingly.