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.
You may also like
The US Dollar Index rises to 99.389, with significant changes in major currency exchange rates.
The onshore RMB closed at 6.9720 against the US dollar, down 40 points.
The "last resort" under cash-out pressure: OpenAI begins testing ChatGPT ads