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Crypto Slump Driven by Wallet Hacks | Bitcoin and Crypto News
Description
Bitcoin slips below $63K despite upbeat Iran talks and broader market gains—oil down, yields falling, stocks rising—but crypto stays flat, hinting at internal crypto woes. The culprit? Coldcard wallet hacks: nearly $89M stolen in “sweeps,” with attackers now targeting smaller wallets as they exhaust larger ones. Traders brace for a test around $62K—if diplomacy delivers oil drops, crypto may rebound; if not, the problem’s clearly within crypto’s own ecosystem.
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