Quantum Threat Looms Over Bitcoin: Analyst Recommends Top Crypto for Protection

Bitcoin continues its upward trend, surpassing $97,000 and fueling hopes of a potential breakthrough to $100,000. However, quantum computing poses an imminent threat, according to analyst Alex Thorn, head of research at Galaxy Digital. 5.9 million BTC could be at risk if advancements in quantum computing are not addressed. 1-million qubit systems have the potential to crack Bitcoin addresses. This concern arose after Microsoft unveiled its Majorana chip, which demonstrates a significant step towards stable quantum computation.