Matrixport warns that Google’s progress in quantum computing could make Bitcoin’s encryption vulnerable. Though insufficient now, rapid advancements could weaken its cryptographic security, threatening long-term resilience and impacting market stability. Technological threats could alter Bitcoin’s market dynamics significantly.
Federal Reserve’s inflation expectations and a potential Trump presidency could impact Bitcoin’s price, possibly dropping to the $70,000 range. Political and economic shifts present significant risks to Bitcoin’s growth, leading to considerable market uncertainty.
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