Bitcoin's price has slipped under $63,000, according to recent market data. This decline occurred despite the easing of inflation fears following fresh talks between the US and Iran.
Oil and Treasury yields also fell after the talks, but bitcoin and ether failed to see any positive impact on their prices. Instead, they continued to decline, with fresh Coldcard-linked sweeps contributing to the downward trend.
The observed losses from Coldcard have reached nearly $89 million, which has likely played a role in the market's decline. This development has rattled the market, leading to a decrease in bitcoin's price.
This is based on reporting from CoinDesk.
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