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Bitcoin holds steady near $65K despite Coldcard wallet hack and failed BIP-110 split.

Market News
09 Aug 2026
Bitcoin
View Source
Neutral
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Bitcoin's price remained stable around $65,000 despite two major events: a Coldcard hardware wallet exploit causing losses estimated up to $133 million, and the near-immediate failure of the BIP-110 minority chain split. The Coldcard flaw, originating from a 2021 firmware issue, led to thefts from over 1,100 addresses, but the Bitcoin network itself was unaffected. Meanwhile, BIP-110 enforcement failed to gain miner support, causing the minority chain to stall after just two blocks, with 99.85% of mining power staying with the main chain. Traders are now watching key support at $64,000 and resistance near $66,000, with future price moves likely influenced more by market liquidity and institutional flows than these incidents.

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