Bitcoin Brushes Aside Strategy Liquidations and Coldcard Exploit Fallout to Trade Near $64K
Here is another rewritten version with a more compact financial-news tone:
Bitcoin pushed closer to $64,000 on Tuesday as traders appeared unfazed by Strategy’s latest BTC sell-off and the ongoing fallout from the Coldcard wallet exploit.
The largest cryptocurrency rose about 2% over 24 hours and gained roughly 1% over the past week, recovering after briefly falling below $63,000 during Monday’s session. BTC found support near $62,250 before climbing back above $64,100 in overnight trading.
The broader crypto market was mostly positive, with nearly all major tokens posting weekly gains except ether. ETH traded near $1,865, slightly higher on the day but still down about 1% over seven days. XRP advanced almost 1% to $1.08 and was up 2% for the week, while BNB gained 1.5% to approach $591, leading major cryptocurrencies with a weekly increase of nearly 5%.
Solana rose more than 1% to around $74, while Tron and Dogecoin each added about 1%. Hyperliquid’s HYPE token rebounded over 4% to $54 after last week’s losses, though it remained lower on the weekly timeframe.
Bitcoin’s rebound came despite the Coldcard exploit remaining unresolved. A fourth wave of attacks targeting wallets created through vulnerable firmware reportedly drained around 449 BTC from 709 addresses on Monday. Galaxy Research has not verified whether the transactions were linked to a single attacker.
Meanwhile, bitcoin-focused treasury firm Strategy revealed it sold 1,638 BTC for about $105 million between July 27 and August 2. The company’s SEC filing showed the coins were sold at an average price of $63,957, significantly below its average purchase price of $75,419.
Strategy said the proceeds would be directed toward preferred stock dividend payments and STRC share buybacks rather than new bitcoin acquisitions. Its holdings now stand at 842,138 BTC, with the company having gone more than five weeks without adding to its reserves.
Michael Saylor said the transaction strengthened Strategy’s cash position, increasing its dollar reserve to $4 billion and extending its reserve coverage period by 57 days.
Elsewhere, Asian markets struggled as investor sentiment weakened. The MSCI Asia Pacific index fell 0.7% for a second straight session, while South Korea’s Kospi declined 1.1% after reversing earlier gains. A regional semiconductor index also dropped 1%.
U.S. stock futures were slightly higher, with Nasdaq 100 futures up 0.4%. Palantir surged 14% in after-hours trading after raising its forecast, while Amazon slipped 1.6% following a disclosed share sale by founder Jeff Bezos.
Bitcoin traders are now focused on whether BTC can defend the $63,000 level during U.S. trading. The price has moved above and below that threshold several times recently, and another failure to hold could signal weaker buying support around $62,500.
Share this content:













