Bitcoin Price Stability Holds After $38M Breach and Kospi’s 17% Surge
When one of the sharpest equity rallies of the year lit up Asian markets on Friday, crypto traders barely looked up. Bitcoin price stability held firm near $64,300 even as South Korea’s Kospi index staged a historic surge, chip stocks exploded higher, and a serious hardware wallet security breach drained nearly $38 million worth of bitcoin from hundreds of users. Three separate market-moving events. Zero meaningful reaction from the world’s largest cryptocurrency.
Key takeaways
- Bitcoin held near $64,300 despite one of the biggest single-day equity rallies in recent Asian market history.
- South Korea’s Kospi surged up to 17%, driven by Samsung and SK Hynix each jumping more than 23%, and Taiwan Semiconductor rising 10%.
- A key generation flaw in Coldcard hardware wallets resulted in approximately 594 Bitcoin — worth roughly $38 million — being stolen from around 500 wallets.
- BNB was the only major cryptocurrency to post a meaningful weekly gain, rising 3% on the day to $590.
- Despite the Coldcard breach, Bitcoin’s market price showed no reaction whatsoever.
Bitcoin Price Stability Amid a Global Market Surge
Bitcoin briefly spiked to $65,300 during early Asian trading hours before giving back those gains within an hour and settling back near $64,300. That kind of quick rejection tells its own story — buyers weren’t particularly committed, but neither were sellers. The market found equilibrium and stayed there.
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