Bitcoin.com
Bitcoin Holds Near $64K Despite $116M Coldcard Wallet Hack
August 5, 2026•07:30 AM
Bitcoin is holding steady near $64,000 despite a tumultuous week marked by a $116 million Coldcard wallet hack, strategic selling pressure, and the stalling Clarity Act. The cryptocurrency has shown remarkable resilience against multiple negative factors in the crypto market, surprising many analysts who predicted a sharper decline. This unexpected stability comes as Bitcoin investors and blockchain enthusiasts assess the implications of the largest hardware wallet hack in recent history while awaiting regulatory clarity through the Clarity Act. The Bitcoin price remains a crucial indicator for the broader cryptocurrency market, with analysts closely watching whether this current resistance holds or if market fundamentals will eventually push prices lower.
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