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


The Block •
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Promote with Leviathan NewsOn-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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