Bernstein calls Bitcoin quantum risk 'neither existential nor novel,' frames it as routine upgrade cycle

On-chain data shows Bitcoin's resilience to upgrade cycles. Whale wallets continue accumulating despite quantum computing narratives - holdings hit 2.1M BTC this week, a 3-month high. Protocol metrics like hash rate and difficulty track steady growth, up 40% YTD. Routine upgrades are priced in.

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More coverage

• Bitcoin has 3–5 years to prepare for quantum risk, says Bernstein (tradingview.com)
• Bernstein Pushes Back On Bitcoin Quantum Threat Fears, Says It's ... (bitcoinmagazine.com)
• Quantum threat to Bitcoin 'neither existential, nor novel,' Bernstein says (dlnews.com)
• Bitcoin Sell-Off Has Priced In Quantum Risk, Says Bernstein (coinmarketcap.com)

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