Bitcoin price steady around $64,000 amid Kospi rebound and macro headlines
Bitcoin price steady around $64,000 amid Kospi rebound and macro headlines, with the cryptocurrency consistently holding near that level through recent trading sessions. Bitcoin hovered near $64,300 and on an intraday move briefly tested $65,300 before retreating, remaining within a defined trading range without mirroring the equity rebound. Meanwhile, the Kospi ended July with a powerful rebound, surging nearly +15% as global chip stocks rallied over the month period overall.
Bitcoin hovered near $64,300 and briefly tested $65,300 on an intraday move before retreating, remaining within a defined trading range during the recent sessions and as recorded in the reporting. Ethereum remained around $1,900 over the same period, holding near that level through the reported trading sessions and market updates. BNB traded near $590 while these major cryptocurrencies maintained the described price levels across the reporting timeframe.
The Kospi surged nearly +15% by the end of July in a powerful rebound as global chip stocks rallied across markets during the month. Despite the Kospi’s strong advance, the Bitcoin price did not mirror the equity rebound and stayed within its trading range rather than tracking the surge in equities during the same reporting period. Yen weakness and AI demand were cited as macro drivers affecting the crypto market during this period.
594 BTC were drained from around 500 single-signature wallets in less than 30 minutes. The incident was traced to a vulnerability in Coldcard Mk3 firmware 4.0.1, described as an RNG weakness affecting seeds. The reporting included the alert: “JUST IN: Coldcard, one of the best-known Bitcoin hardware wallets, warns users to move funds following a $38M $BTC theft.” The details specified the rapid draining of funds from numerous single-signature wallets.
Coinkite said newer Mk4, Q, and Mk5 devices are not affected by the Mk3 firmware 4.0.1 vulnerability. Coinkite also said that using a BIP39 passphrase reduces the risk posed by the vulnerability. The published statements distinguished between affected Mk3 devices and unaffected newer models and noted passphrase usage as a risk-reduction measure.
South Korean regulators discussed interim stablecoin regulations. The Bank of Japan kept the policy rate at 1%. Core PCE inflation rose 3.3% year-over-year in June, remaining above the 2% target for a 64th consecutive month. Yen weakness and AI demand were cited as macro drivers affecting cryptocurrency markets. The items were presented alongside market-level reporting on equities and crypto price movements during the same period.
Regulatory discussions on stablecoins, central-bank policy decisions and inflation readings were among the recent developments reported. Yen movements and AI-related demand were also highlighted as influences on crypto markets.
Bitcoin remained steady around $64,000 amid a strong Kospi rebound and a range of macroeconomic headlines, including central-bank policy and inflation reports. A vulnerability in Coldcard Mk3 firmware resulted in BTC being stolen from affected hardware-wallet users. Regulatory discussions on interim stablecoin rules and persistent inflation readings were also reported as part of the broader market environment, cited alongside equity and crypto market movements.
