Bitcoin Bombshell: Google’s 2029 Quantum Warning Sparks Market Panic and 10% Correction
Google has accelerated its quantum threat timeline to 2029, warning that breaking Bitcoin's core cryptography may be easier than previously thought—triggering an immediate 10% market correction. The tech giant's new whitepaper reveals updated estimates showing the secp256k1 elliptic curve could be vulnerable with far fewer quantum resources than the market anticipated, sending shockwaves through cryptocurrency portfolios as investors reassess long-term security assumptions.