Bitcoin price rises to $64,119 as Coldcard exploit fades

Bitcoin jumped 0.80% to $64,119.32 on Thursday, keeping the market‑cap leader status with a valuation of $1.286 trillion as the Coldcard wallet exploit receded [1].

What drove the move

The modest rally coincided with the latest update on the Coldcard wallet exploit, which analysts noted was losing momentum after the initial surge in panic selling [1]. The easing of that risk sentiment helped buyers push Bitcoin back above the $63,000 zone that Glassnode flagged as a critical battleground for market participants [1]. The price action stayed within a narrow range, with a 24‑hour high of $64,129.81 and a low of $63,288.68, suggesting the market is testing the resilience of that support level [1].

Market context and token metrics

Bitcoin’s circulating supply sits at 20.07 million, just shy of the 21 million cap, keeping scarcity a core driver of price [1]. The 24‑hour trading volume of $10.34 billion ranks first among all crypto assets, underscoring strong liquidity despite recent volatility [1]. Compared with the previous day’s close of $63,881.78, the 0.80% gain marks a modest but notable bounce from the $63,000 support that has held since early August [1].

What to watch

• $63,000 support – a breach could trigger a move toward the $60,000‑$61,000 range.
• Coldcard exploit developments – any new exploit updates may reignite risk‑off pressure.
• Upcoming token unlocks – the next scheduled Bitcoin supply release (the block reward reduction) could affect scarcity dynamics later in the year.

The price’s ability to hold above $63,000 while volume remains robust suggests that the market may be stabilizing after the Coldcard incident, but the next catalyst—whether a fresh security issue or a supply‑side event—will determine whether the rally can extend toward the $65,000‑$66,000 ceiling.