Coldcard Hack Triggers Self-Custody Debate and Bitcoin Price Concerns

A recent hack on Coldcard has sparked debate about self-custody of Bitcoin, with some questioning whether AI was involved in the breach. Traders are now weighing the vulnerabilities of hardware wallets against broader market dynamics.

The incident has also raised concerns about trust and security protocols in the crypto space, with potential implications for BTC price prediction models.

At the time of writing, Bitcoin is trading at $63,101.98 within its Bollinger band, but technical indicators suggest a bearish trend.