| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107347.7400000000 |
| ETH | $2438.1330000000 |
| BNB | $648.6097000000 |
| XRP | $2.1830060000 |
| ADA | $0.5674978000 |
| SOL | $150.7202000000 |
| DOGE | $N/A |
| DOT | $3.4247100000 |
| LTC | $86.4662000000 |
| LINK | $13.4267100000 |
Category: CRYPTO NEWS
The post Bitcoin’s Volatility Plummets to 2.66%: What This Means for the Market appeared on BitcoinEthereumNews.com. According to recent analytics from Coinglass, as of April 21st, Bitcoin’s volatility has significantly decreased to 2.66%, marking its eighth consecutive day of reduction. Typically, periods of heightened Bitcoin volatility are indicative of speculative trading practices, fueled by retail FOMO (fear of missing out). A decline in this volatility suggests a potential withdrawal of short-term traders, signaling a phase of market consolidation or a necessary cooling-off period for the cryptocurrency. Furthermore, Bitcoin’s price movements are closely tied to major macroeconomic trends, including fluctuations in inflation expectations, alterations in interest rates, and existing geopolitical uncertainties. As these external factors start to stabilize, it’s expected that Bitcoin’s volatility may similarly diminish, reflecting a more settled market environment. Source: https://en.coinotag.com/breakingnews/bitcoins-volatility-plummets-to-2-66-what-this-means-for-the-market/
2025-04-21T08:44:14+00:00
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