Bitcoiners doubt quantum threat as driver of BTC price slump
Bitcoin advocates are downplaying claims that mounting concerns over quantum computing as an imminent threat are pressuring prices, while other market participants argue it is a significant factor behind recent performance.
Glassnode lead analyst James Check said on X on Thursday that attributing Bitcoin’s price action to quantum computing anxiety is comparable to blaming market manipulation for price declines and falling exchange balances for rallies.
Check added that although quantum computing could be deterring some capital from entering Bitcoin (BTC), the asset’s weakness has been driven more substantially by pronounced selling from long-term holders. He noted that selling pressure from HODLers in 2025 would have overwhelmed prior bull markets multiple times over.
Traditional finance raises quantum concerns
Quantum computing leverages quantum bits, or qubits, to process information in ways that differ fundamentally from classical computers. Developers in the crypto sector have long debated whether it could eventually threaten certain cryptographic techniques used to secure blockchains.
The discussion has resurfaced as several traditional finance executives highlight potential implications for Bitcoin’s long-term security and valuation. Jefferies strategist Christopher Wood removed Bitcoin from his “Greed & Fear” model portfolio last week, citing the risk that advances in quantum computing could undermine the cryptocurrency’s long-term security.
Source: Smiffy Big Coin
Bitcoin author Vijay Boyapati said he remains highly skeptical that quantum computing explains recent BTC price behavior, though he acknowledged some investment notes may be promoting that narrative.
Others are more convinced that quantum computing concerns are central to the current market. Castle Island Ventures partner Nic Carter said on Wednesday that Bitcoin’s “mysterious” underperformance is due to quantum computing and described it as the dominant theme this year, adding that the market is signaling while developers are not responding.
Real Vision’s chief crypto researcher Jamie Coutts said on Wednesday that while the quantum threat itself does not move in tandem with price, the gap between perceived risk and preparedness can widen. He argued that as Bitcoin’s price climbs, confidence tends to rise and the appetite to implement disruptive precautionary upgrades diminishes, leaving the system feeling safest at the moment it is least incentivized to prepare.
Despite optimistic projections, Bitcoin finished 2025 about 6.33% below where it began the year, falling from $93,425 to $87,508. Some forecasts anticipated highs of $250,000, but the asset reached a peak of just above $126,000 in October. Over the past 24 hours, Bitcoin has traded largely flat around $89,500, according to CoinMarketCap.
Stay informed, read the latest news right now!
Disclaimer
The content on TrustsCrypto.com is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile, always do your own research before making decisions.
Some content may be assisted by AI and reviewed by our editorial team, but accuracy is not guaranteed. TrustsCrypto.com is not responsible for any losses resulting from the use of information provided.
