BTC Surges 0.83% As ETF Inflows Hit $750M
Bitcoin rose 0.83% over the past 24 hours, driven by strong ETF inflows of $750M. The surge in price came despite a major hack of Coldcard wallets, which resulted in the theft of over $130M in Bitcoin. Meanwhile, the US jobs report showed an unexpected loss of 23,000 jobs, fueling speculation of a potential Fed rate cut. Ethereum also saw notable inflows, with ETFs crossing $10.86B in net inflows since launch.
Market overview
Total crypto market cap stands at $2.21T on $53.57B of 24h volume. BTC dominance is +58.96% and the Fear & Greed index reads 30 — Fear.
Signal performance
Over today, 665 signals closed at a 8.7% win rate, averaging +1.00% per signal.
Headlines
- Hackers Use BNB Chain to Spread Malware Through Fake CAPTCHAsDecrypt · Aug 7
Hackers use BNB Chain to spread malware
- Coldcard’s Bug Hid 5 Years. AI Read the Code in Minutes.Coinmonks · Aug 7
Coldcard bug hid for 5 years
- Circle Launches Native USDC and CCTP on OKX’s X Layer BlockchainCoinGape · Aug 7
Circle launches USDC on OKX
- Coldcard Hardware Wallet Breach: Hackers Launder $130M in Bitcoin Through Mixing ServicesBlockonomi · Aug 7
Coldcard wallet breach steals $130M
- Coldcard Wallet Breach: Hackers Steal $130M+ in Bitcoin Through Firmware VulnerabilityBlockonomi · Aug 7
Coldcard wallet breach steals $130M+