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Bitcoin Plummets 6% Amid Quantum Computing Security Fears

5/31/2025

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Story summary
  • Bitcoin has plunged 6% from its record high as fears grow over quantum computing's looming threat to its security. BlackRock cautions that breakthroughs in quantum technology could jeopardize bitcoin's cryptographic foundations. With experts asserting that no blockchain is ready for such an assault, the future of cryptocurrencies hangs in the balance.