Bitcoin Fear Reaches Record High as Coldcard Exploit Shakes Confidence in Self-Custody

Although Bitcoin has gone through countless phases of massive fear, uncertainty, and doubt (FUD), the current crisis around Coldcard has triggered the worst wave of fear ever recorded on crypto social media channels.

So far, BTC has been able to weather the storm in terms of price moves to a large extent, even though it has slipped by a few grand. However, it appears that those losses are largely connected to other factors, such as the escalating tension in the Middle East.