Quantum Computers May Not Be the Main Cause of Bitcoin Price Decline, Grayscale Suggests

Stock Prices of Quantum-Related Companies Show Correlation with BTC

Zach Pandl, Head of Research at the U.S. cryptocurrency investment firm Grayscale, stated on the 4th that the risk posed by quantum computers to cryptographic technologies is unlikely to be the main factor driving down Bitcoin (BTC) prices.

Pandl noted that while advanced quantum computers could potentially threaten digital security protected by classical cryptographic techniques in the future, Grayscale is also monitoring developments in each blockchain...