Bitcoin Traders Eye US Payrolls, Oil Prices Amid Coldcard Hack Fallout
Bitcoin begins August around $63,000 as traders navigate a difficult macro calendar and focus on the Coldcard wallet hack's effects on flows.
The fallout from the hack is being closely watched by sentiment-sensitive markets, while broader asset classes await key US data releases that can influence risk appetite.
Investors are weighing whether August will follow previous bearish scripts, with analysts pointing to technical resistance and liquidation zones that could amplify downside if momentum fades.
US nonfarm payrolls due Thursday may drive volatility depending on labor strength and unemployment evolution, while oil prices slid after President Donald Trump signaled a potential Iran-related deal, adding to macro uncertainty for risk assets.