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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Bitcoin volatility has fallen to 2.34%
BlockBeats reported on May 8 that, according to Coinglass data, Bitcoin volatility has dropped to 2.34%, marking a downward trend for three consecutive days. High Bitcoin volatility is often associated with speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, leading the market into a consolidation phase or a "cooling 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 also decrease.