Bitcoin can be hacked, quantum’s biggest breakthrough proves it’s not if but when
04 Sept 2025 · 18:23 UTC · Crypto.News RSS Feed · Original source
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Summary
Bitcoin still stands, yet a quantum machine has already cracked a real elliptic curve key, proving its defense is not if but when.
Why it matters
The article indicates a quantum machine's capability to crack elliptic curve keys used in Bitcoin, suggesting an existential risk to Bitcoin's security. This type of news tends to spark panic selling as traders react to potential vulnerabilities. While the immediate impact may be bearish, timelines for widespread quantum computing application can span years, allowing for developments toward better cryptographic standards. Ultimately, uncertainty around this technology's readiness and the countermeasures that may emerge will evolve market sentiment over time.
Expected impact
The announcement regarding quantum computing capabilities to break Bitcoin's cryptographic defenses raises significant concerns within the market. Initially, there may be a negative reaction, prompting selling pressure on Bitcoin and altcoins alike as investors reassess the security and future viability of cryptocurrencies in the face of potential quantum attacks. However, discussions about quantum-proof technologies and improvements may later stabilize the market and eventually drive some interest back into the sector.