Bitcoin Should Be Flying—Instead, Quantum Risk Keeps It Grounded: Analyst
According to on-chain analyst Willy Woo, a long-running rise in Bitcoin’s value versus gold has stalled. He points to a break in a trend that ran for more than a decade. Related Reading: Bitcoin At $8,000? Michael Saylor Says Strategy Still Won’t Break The timing, he argues, lines up with when quantum computing showed up on the radar of Bitcoin developers and when the Quantum Bitcoin Summit took place. That change, he says, has altered how the market thinks about Bitcoin’s future
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