Bitcoin Reclaims $64K Despite Fourth Coldcard Sweep and Mixed Equity Signals

Key Takeaways

Bitcoin recovered to near $64,000 as traders ignored the fourth Coldcard firmware sweep. While altcoins like BNB and HYPE showed mixed performance, equity markets remained volatile with Palantir surging and Amazon dropping on insider news.

Woofun AI reports that Bitcoin reclaimed the $64,000 threshold amid persistent uncertainty surrounding the Coldcard incident, a dynamic closely monitored by Galaxy Research. The asset’s resilience emerged despite the lack of resolution regarding the security breach, signaling a market willing to overlook hardware-specific risks in favor of broader price momentum.

Price action on Tuesday saw Bitcoin climb 2% over 24 hours and 1% on the week, erasing losses from Monday’s session where it dipped to $62,250 before rebounding past $64,100. Altcoin performance was fragmented: Ether lagged at $1,865, down 1% weekly, while XRP rose almost 1% to $1.08 and BNB led majors with a 5% weekly gain to $591. Solana, Tron, and Dogecoin each gained 1% to $74, 33 cents, and 7 cents respectively. Hyperliquid’s HYPE token bounced 4% to $54, though it remains down 3% over seven days.

Woofun AI data shows the fourth wave of Coldcard sweeps targeted 709 addresses, draining 449 bitcoin, yet Galaxy Research has not confirmed if the same operator is responsible. In equities, MSCI Asia Pacific fell 0.7%, with Korea’s Kospi reversing a 2.1% gain to drop 1.1% and the semiconductor index off 1%. Nasdaq 100 futures rose 0.4%, driven by Palantir’s 14% surge on raised guidance, while Amazon fell 1.6% after Jeff Bezos disclosed a share sale.

Bitcoin must hold above $63,000 through the U.S. session to confirm strength. The level has been reclaimed and lost twice in three days, and a third failure would suggest fewer buyers are stepping in below $62,500 each time.

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