Bitcoin has stabilized around 107,000 USD, recovering from geopolitical tensions. It shows a minimal decline of 0.15% over 24 hours, retaining a narrow trading range and experiencing a 2.77% increase over the past week.
The Nasdaq index hit a record closing at 22,190.52, contributing to a resilient stock market amidst economic challenges. The S&P 500 is also close to its all-time high, reflecting the ongoing positive sentiment in equity markets.
Although Bitcoin’s market capitalization remains strong at 2.13 trillion USD, NYDIG warns that advancements in quantum computing could eventually threaten its security, signaling a need for future updates in cryptographic protection.
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