Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market
Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.
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Summary
- Major cryptocurrencies fell Monday despite improving macro conditions, with bitcoin slipping about 1% to $62,800 and ether dropping to $1,858.
- The declines came as a widening exploit of Coldcard hardware wallets has drained roughly 1,367 bitcoin, or nearly $89 million, from about 4,585 addresses across three attack waves.
- Crypto’s weakness contrasted with falling oil prices, lower Treasury yields and rising stock futures, suggesting the drag is coming from market-specific security fears rather than broader economic forces.
