BTC below 40k, short-term holders drive volatility while geopolitics spook markets

With bitcoin trading mostly sideways during the weekend, without any major movement, the top cryptocurrency by market cap still fell under the important $40,000 mark. According to analysts’ data, short-term holders continue to be the main driver of bitcoin’s (BTC) volatility. The market price of bitcoin stayed around $44,000 during most of last week, printing…