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Bitcoin sentiment sinks to record low after Coldcard hack drains $70 million

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FOMOGRAM Editorial Desk
Aug 1, 2026
98.5% CONFIDENCE
CoinTurk FEED
Bitcoin sentiment sinks to record low after Coldcard hack drains $70 million
EXECUTIVE SUMMARY

 Bitcoin sentiment crashed to record lows after $70 million vanished from Coldcard wallets.  Nearly 1,200 users lost funds due to a Coldcard firmware bug dating back to March 2021.  Despite the exploit, $BTC held near $63,000 with only a slight dip during the fallout. 六‍ Binance’s founder reminded users that even hardware wallets like Coldcard can have critical flaws.

 Bitcoin sentiment crashed to record lows after $70 million vanished from Coldcard wallets.  Nearly 1,200 users lost funds due to a Coldcard firmware bug dating back to March 2021.  Despite the exploit, $BTC held near $63,000 with only a slight dip during the fallout. 六‍ Binance’s founder reminded users that even hardware wallets like Coldcard can have critical flaws.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The Coldcard hack draining $70 million has severely impacted Bitcoin sentiment, indicating potential sell pressure.

CRYPTO LIVE SENTIMENT: -75 / 100 • BULLISH

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