Bitcoin Stabilizes Amid Hack Fallout, CLARITY Act Delay
Bitcoin's price held steady at around $64,800 despite a major security breach affecting Coldcard hardware wallets. The hack resulted in significant losses and raised concerns about self-custody risks.
The proposed CLARITY Act, aimed at regulating the crypto market, faces delays with its vote pushed to September. This uncertainty has contributed to market volatility.
Meanwhile, U.S. stock markets rallied to new highs driven by easing geopolitical tensions and falling oil prices.