Bitcoin approached $64,000 during Asian morning hours on Tuesday, up 2% over 24 hours, as traders looked past the ongoing Coldcard wallet crisis and Strategy's latest bitcoin sales to bid the asset back above a key psychological level.

The recovery to roughly $64,100 followed a Monday dip to near $62,250 — the low of the current cycle — before steady buying pressure carried prices higher overnight. Bitcoin has reclaimed and lost the $63,000 level twice in three days, making the zone a battleground between bulls defending support and bears probing for downside.

Major Tokens Mixed

Ether lagged the recovery, trading near $1,865, up marginally on the day but still down 1% over seven days — the only major token in the red on the weekly view. XRP rose nearly 1% to $1.08, while BNB added 1.5% to approximately $591, leading majors with a 5% weekly gain.

Solana gained over 1% to near $74, and Hyperliquid's HYPE token bounced 4% to $54 after last week's slide, though it remains down 3% on the week.

Strategy Sells Again

Bitcoin treasury firm Strategy disclosed in an SEC filing that it sold 1,638 bitcoin for approximately $105 million between July 27 and August 2 — its third sale of 2026. The coins were sold at an average price of $63,957, well below the company's $75,419 average cost basis.

The company's holdings now stand at 842,138 BTC. Strategy has not purchased any bitcoin in more than five weeks. Chief Executive Michael Saylor said the sales lifted the firm's dollar reserve to $4 billion and extended its duration by 57 days. Proceeds were directed toward preferred stock dividends and STRC share buybacks rather than additional bitcoin accumulation.

Coldcard Overhang Persists

A fourth wave of sweeps targeting Coldcard-generated bitcoin addresses continued through Monday, with researchers at Galaxy Research revising observed losses to approximately 1,816 BTC — roughly $114 million — across more than 5,200 addresses since July 30.

Unlike previous waves, the latest transactions appear to use Bitcoin's replace-by-fee feature, meaning victims who spot their addresses in the mempool may still be able to outbid the attacker by paying a higher fee before confirmation.

Equities Context

Broader equity markets offered a mixed handoff. MSCI's Asia Pacific gauge fell 0.7% for its second consecutive decline, with Korea's Kospi dropping 1.1%. Nasdaq 100 futures rose 0.4%, supported by Palantir's 14% after-hours gain on raised guidance.

Traders are now watching whether bitcoin can hold above $63,000 through the U.S. trading session. A third failure at that level would suggest fewer buyers are stepping in below $62,500 on each successive test.