Bitcoin Holds 64.9k Amid Self-Custody Shifts and Stalled US Crypto Bill

Bitcoin is trading at 64,954, up a marginal 0.26% over the past 24 hours. This near-flat price action suggests short-term market consolidation and investor hesitation, as the asset remains range-bound while market participants digest major security and regulatory developments. Industry news highlights structural changes, notably the Coldcard exploit which prompted the movement of 210,000 BTC from long-term custody to more secure multisig and institutional venues. Sentiment is further challenged by the US Senate delaying the CLARITY Act vote to September, impacting altcoins like XRP, alongside SpaceX reporting a 540 million dollar paper loss on its Bitcoin holdings. - The minor 0.26% increase points to market consolidation around the 64,954 dollar level. - Security concerns from the Coldcard exploit have forced a massive shift of 210,000 BTC toward safer custody alternatives. - Legislative delays on the CLARITY Act prolong regulatory uncertainty, dampening short-term sentiment.