Bitcoin Rebounds to $64K as Coldcard Exploit Fades

Bitcoin has seen a rebound in recent days, climbing as high as $64,160 to its highest price since July 31. The surge comes after a selloff sparked by an exploit targeting a cold wallet over the weekend and sales of Bitcoin by Strategy (MSTR), which sold 1,638 BTC between July 27 and August 2 at an average price of $63,957.

The Coldcard wallet hack exploited a flaw in the firmware, resulting in around 1,816 BTC being removed from over 5,200 addresses since July 30. This has led to concerns about security and potential further losses.

Meanwhile, Cardano's ADA has seen significant gains, rising 24% on the week and hitting its highest price since July 4 at $0.195. The token's market cap has also increased, with Santiment data showing a rise in market value.