Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances
Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme fear.”
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Summary
- Bitcoin rose to just below $64,000 as the market settled down following the weekend’s hack of Coldcard wallets and sales by major corporate holder Strategy, even as broader sentiment remains in “extreme fear.”
- Derivatives data show heavy, often hedged positioning in altcoins like ATOM and ADA, while bitcoin and ether futures stay subdued.
- ADA has surged to its highest level in a month on strong buying from a shrinking holder base and ecosystem upgrades, making it a rare standout in a mostly little changed altcoin market.
