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Coldcard Exploit Triggers Market Fear as Two Bitcoin Forks Loom

August 1, 202611:49 AM
Coldcard Exploit Triggers Market Fear as Two Bitcoin Forks Loom

Bitcoin slipped below $63,000 this week as a major hardware wallet security incident rattled confidence just as traders prepare for two separate August events that could influence sentiment across the network. The world's largest cryptocurrency traded between roughly $62,300 and $63,100 during early Saturday trading sessions after briefly pushing above $65,000 a day earlier. The security incident comes at a critical time when traders are positioning for two potential Bitcoin network changes in August that may impact market dynamics. The Coldcard vulnerability, affecting one of the most respected hardware wallets, has raised questions about cryptocurrency storage security and may be contributing to Bitcoin's recent volatility as the market digests implications of upcoming forks.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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