Bitcoin Falls Below $63K as Coldcard-Linked Losses Near $89 Million

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Bitcoin slipped under $63,000 despite a broader easing of market tensions following renewed U.S.-Iran diplomatic talks. The negotiations helped push oil prices and Treasury yields lower, reducing inflation concerns in traditional markets. However, cryptocurrencies including bitcoin and ether failed to benefit from the improved macro sentiment. A series of Coldcard-linked wallet sweeps rattled the crypto market, with observed losses climbing to nearly $89 million.

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