BEARISH 📉 : Quantum computing threat raises $274 billion Bitcoin selling concerns

The crypto market's focus on Bitcoin short-term price outlook is being overshadowed by a long-term concern: the potential impact of quantum computing over the next decade, which could introduce up to $274 billion in selling pressure.

Quantum Risk Debate

Market expert Crypto Rover highlights growing discussions among early Bitcoin participants about quantum computing risks.
Advances in quantum technology could challenge Bitcoin's cryptographic security, particularly affecting older wallets with outdated security standards.
This could expose dormant coins previously considered secure, potentially causing a supply shock.

Potential Return Of Early-Era Bitcoin

An estimated 4 million BTC from pre-2011 are considered inactive or lost, reducing Bitcoin's usable supply.
If quantum computing unlocks these wallets, the supply could return to the market, surpassing recent institutional accumulations.
Since 2020, institutions have accumulated roughly 3 million BTC, driving prices significantly higher.
Quantum computing does not pose an immediate threat to Bitcoin's security; its ability to break cryptographic standards at scale is unconfirmed.

BTC was trading around $67,800, down 2.6% over the past week, according to CoinGecko.