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Microsoft: Quantum Chip Advances Bitcoin Threat | Flash News Detail | Blockchain.News
Latest Update
6/3/2026 4:01:00 AM

Microsoft: Quantum Chip Advances Bitcoin Threat

Microsoft: Quantum Chip Advances Bitcoin Threat

Microsoft unveils 1,000x reliable quantum chip as BTC trades at $66597.72 amid bearish 4h signals and rising quantum computing impact on crypto.

Source

Analysis

Microsoft revealed a quantum chip claimed to be 1,000x more reliable, intensifying the long-term threat to Bitcoin security and encryption standards.

BTC price prediction models must now factor quantum risks alongside current technicals where price sits at $66597.72 below EMA50 resistance at $72515.58 and EMA200 at $75769.15. RSI(14) at 20.07 shows oversold conditions while the MACD death cross at -1960.2 confirms bearish momentum inside Bollinger bands with lower support at $65284.38. This setup raises chances of a crypto market crash if quantum breakthroughs accelerate, mirroring AI industry impact on traditional finance infrastructure.


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