Crypto Market Plunges as Bitcoin Leads Decline Amid Coldcard Hack

This week started off on a sour note for crypto, with the market shrinking by nearly 1% in just one day. The current value stands at $2.16 trillion.

A recent attack on the Coldcard hardware wallet has shaken investors' trust, with hackers making off with approximately 389 BTC. This is the fourth wave of attacks on this wallet, and it's left many wondering about the safety of holding their own private keys.

Bitcoin is currently leading the decline, dragging other assets down with it. Big holders are selling, which has scared off potential buyers. As a result, nobody wants to buy in during this uncertain time.