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Grayscale: Quantum computing is not the main reason for Bitcoin's recent pressure.

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PANews
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3 hours ago
AI summarizes in 5 seconds.

PANews May 5 news, Grayscale stated on platform X that quantum computing is not the main factor causing pressure on Bitcoin recently. Grayscale noted that quantum computing-related stocks have also fallen alongside Bitcoin recently, and if breakthroughs in quantum computing were the core reason for Bitcoin's decline, the market performance should theoretically be the opposite.

Grayscale Research believes that the true driving factor putting pressure on Bitcoin and related cutting-edge technology assets recently is the widespread de-risking in the cutting-edge technology sector.

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