Bitcoin Interest in US Plummets to 5-Year Low Despite Historic Bill

Bitcoin is approaching $64,000 as traders brush off the fourth Coldcard security incident, with most major cryptocurrencies posting weekly gains except for Ether. BTC has climbed 1.9% in the last 24 hours, showcasing resilience despite security challenges within the crypto ecosystem. This upward trend comes amid pressure on Asian equity markets, where investors are concerned about AI trading volatility. Bitcoin's ability to maintain its upward trajectory despite security issues suggests growing market maturity, with investors focusing on institutional adoption and long-term potential rather than isolated security incidents.

Nvidia's iron grip on AI infrastructure solidifies American technological hegemony, dictating global AI investment flows and crypto market trajectories. Controlling over 80% of the high-performance GPU market, the Silicon Valley giant effectively sets the pace for artificial intelligence development worldwide, positioning the US as the undisputed leader in computational power.

This concentration of computational resources in American hands is reshaping the geopolitical technology landscape, creating both opportunities and challenges for nations seeking technological sovereignty. For the crypto market, Nvidia's influence translates directly into capital allocation for AI projects and mining operations, with tangible effects on the valuation of assets tied to advanced computing ecosystems.

A 12-year-old dormant Bitcoin wallet suddenly activated and transferred $31 million in a single transaction, signaling significant activity in the cryptocurrency market. This is not an isolated incident but part of a broader trend of dormant coins moving recently, potentially linked to the recent Coldcard hack that impacted secure Bitcoin storage solutions.

The reactivation of such an old wallet raises questions about digital asset security and Bitcoin market volatility. Investors and analysts are closely watching to determine if these movements indicate mass selling or simply portfolio reorganization. The event occurs at a critical time for the crypto ecosystem as the community deals with the aftermath of the Coldcard private key leak, affecting one of the most secure hardware wallets for Bitcoin storage.

Galaxy Research has confirmed that losses from the Coldcard wallet incident have exceeded $100 million, with 1,596 Bitcoin stolen from approximately 7,300 addresses across three major attack waves and 14 smaller incidents. Investigators report that 90% of the stolen Bitcoin remains unmoved as they examine a suspected fourth wave that could push total losses to $130 million worth of Bitcoin.

Galaxy Digital's research arm has identified 73 victims who contacted their team, confirming the first three major attacks and helping identify smaller "footprints" that may represent opportunistic attackers exploiting the vulnerability. With "medium-high" confidence, the research group believes a fourth wave of attacks is underway, potentially increasing total losses to 2,055 Bitcoin. This incident underscores the critical importance of security in the cryptocurrency ecosystem.

Spot Bitcoin ETFs attracted a massive $170 million in a single trading session, while Ether ETFs experienced outflows of $11 million, highlighting a stark divergence in investor sentiment between the two leading cryptocurrencies. This contrast reflects Bitcoin's perceived status as a more stable refuge amid current market uncertainties. These divergent ETF flows indicate a strategic shift among investors, who are prioritizing the security and predictability associated with Bitcoin over Ether. The movement suggests that despite the long-awaited approval of Ether ETFs, the market still views Bitcoin as a more resilient asset.

Conflicting signals from Washington and Tehran have thrown US-Iran peace talks into disarray, creating unprecedented uncertainty in global energy markets as the five-month-old conflict shows no signs of de-escalation. Diplomatic efforts to broker a ceasefire are facing significant obstacles, with both nations offering contradictory statements about the progress and status of negotiations, sending shockwaves through oil and cryptocurrency markets alike. The heightened tensions come at a critical time for global energy security, with oil prices experiencing increased volatility and market participants struggling to price in potential outcomes. This geopolitical uncertainty is not only affecting traditional energy markets but also spilling over into the cryptocurrency space, where traders are seeking safe havens amid the diplomatic impasse.