Bitcoin BTC Price and volatility have a tricky relationship.

Bitcoin’s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes and Recep Erdogan’s re-election as president of Turkey, K33 said in the report.