I can not believe in any peace deal until United States stopped their offensive attack on Iran and go back to their country. The two countries both signed peace memorandum few weeks ago and we thought that the war is over but they later continued to bomb themselves again.
What I think is the cause of what is happening is because bitcoin is not yet out of the bear season, I do not see the Coldcard theft or the US war in Iran to be the reason but I know that is what will be on the news.
Despite the positive rumors about the Iran deal, we can see that the price of Bitcoin is still at the 60k level but that's right, both countries had agreed to a peace treaty before and the Strait of Hormuz had been opened, but then the war resumed.
However to my knowledge a hardware wallet hack has occurred that has affected the cryptocurrency market, as a result of which the price of Bitcoin is not going up because more than $100 million worth of Bitcoin has been stolen from cold card wallets, since the hardware wallet has been hacked, it is understood that our funds are not really safe, which is discouraging new investors from buying Bitcoin, but at the moment experienced investors are accumulating more Bitcoin.
