Bitcoin's volatility has reached historically low levels, with a 1-month realized volatility of 23.68%. This is due to a decline in trading activity and investors hoarding coins. BTC's transfer volume has also decreased since early June. Despite the lack of movement in BTC's price, there is growing optimism for its future prospects, with institutional interest in digital assets and the upcoming halving event. Traders are waiting for direction from the upcoming FOMC meeting, where experts predict a possible interest rate hike.
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