Bitcoin Could Jump 30-50% If Developers Agree on Quantum Plan: Capriole CEO
- —Edwards estimated a 30-50% single-day BTC move if a quantum roadmap is agreed
- —Bitcoin Core developers have yet to reach consensus on a path forward
- —Coinbase outlined post-quantum signature requirements on October 13, including hybrid schemes
- —Bitcoin's hash rate has been recovering for four to six weeks, hinting at a cycle bottom
Why it matters: A quantum security consensus could trigger a Bitcoin repricing, while delays may keep pressure on its valuation.
Source: CryptoPotato