₿ Crypto 🌍 South Korea

BTC Steady Near $65,000 After South Korea Hike; ZachXBT Slams Wallets

Bitcoin maintained a steady price level near $65,000 on Wednesday following an unexpected rate hike from South Korea's central bank, while prominent blockchain detective ZachXBT harshly criticized hardware wallets, calling them 'complete garbage'.

📅 July 16, 2026 🕐 1 min read

1 assets impacted (Crypto). Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: BTC/USD → 2/10 (85% confidence).

📊 Affected Assets (1)

BTC/USD

Neutral 🤖 85%

⚡ Intraday 🌍 Global · Explicit

BTC traded steady near $65,000 after South Korea's rate hike, showing no immediate directional move. ZachXBT's criticism of hardware wallets did not measurably impact price.

▼ Show FAQ (2) ▲ Hide FAQ

Why did Bitcoin remain steady after South Korea's rate hike?

The article does not provide a specific reason, but the market may have already priced in the move, or Bitcoin's reaction to traditional monetary policy remains muted.

Did ZachXBT's comments affect Bitcoin's price?

No, the article reports Bitcoin steady near $65,000, with no mention of impact from his criticism.

🎯 Key Takeaways

Bitcoin traded near $65,000, showing no major move after South Korea's rate hike.
Blockchain investigator ZachXBT publicly criticized hardware wallets as 'complete garbage'.
The Bank of Korea surprised markets with a rate hike.
The steady Bitcoin price suggested limited immediate impact from the monetary policy change.
Hardware wallet security came under scrutiny from a high-profile crypto sleuth.

📝 Executive Summary

Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike.

❓ FAQ

What did ZachXBT say about hardware wallets?

He called them 'complete garbage' in a heavy criticism posted online.

What was the South Korea rate hike about?

The Bank of Korea raised interest rates, surprising markets according to the article. Specific details on magnitude were not provided.

How did Bitcoin react to the rate hike?

BTC traded steady near $65,000, indicating no significant immediate price change.

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