Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

CoinDesk·

Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market

60-second summary

Bitcoin slips under $63,000 as investors remain cautious despite hopes of a U.S.-Iran deal, with oil and Treasury yields falling after fresh talks eased inflation fears. Meanwhile, Coldcard-linked sweeps have pushed observed losses to nearly $89 million, rattle the market, and weigh on investor sentiment, limiting the crypto's potential for a rebound.

Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.