Bitcoin’s Three New Pressure Points
Bitcoin’s latest slide is being driven by a tight cluster of negative forces: a hardware wallet security problem, softer demand from spot exchange-traded funds, and fresh selling from Strategy. Together, they explain why price action has stayed weak even as some buyers remain on the sidelines. 1. Coldcard’s vulnerability is the first shock The most immediate concern is the Coldcard hardware wallet issue tied to Coinkite. The warning does not mean every Coldcard device is exposed; it applies to a specific set of wallets whose seed phrases were created on vulnerable firmware. That distinction matters because the incident is targeted,…
