Bitcoin Reclaims $65,000 as BIP-110 Fork Splits Network
Bitcoin bounced back to $65,000 this week, a soft fork caused a chain split, and miner struggles deepened along with lawsuits and delayed legislation.
BTCUSD
This week saw Bitcoin recover to the $65,000 level after recent dips, while the network itself fractured due to the activation of the BIP-110 soft fork.
Other notable events:
- Strategy continued selling the largest cryptocurrency.
- A hack of the Coldcard hardware wallet triggered widespread security reviews and new attack attempts.
- Bybit filed a lawsuit against North Korea and the Lazarus Group.
- The U.S. Senate postponed the vote on the CLARITY Act to September.
- Miners slipped into losses and began competing fiercely for cheap electricity.
Source: ForkLog