Bitcoin Climbs Toward $64,000 as Coldcard Hack and Strategy Sell-Off Fears Ease

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Bitcoin moved higher, approaching the $64,000 mark as market turbulence from the weekend began to subside. Two key pressures had weighed on sentiment: a security exploit targeting Coldcard hardware wallets and a round of Bitcoin sales by Strategy. Despite the price recovery, the overall market mood continued to register in the 'extreme fear' zone. Cardano's ADA also posted gains amid the broader partial stabilization of crypto markets.

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