tech
January 21, 2026
There's another reason why bitcoin is trailing gold and not acting as a safe haven
Quantum computing poses a risk to the security of crypto wallets and the Bitcoin network, which could be putting pressure on the oldest cryptocurrency's price.
TL;DR
- Bitcoin's price has fallen 7.5% in five days, while gold prices have increased.
- Quantum vulnerability, the risk of quantum computers stealing private keys, is a growing concern for Bitcoin investors.
- Advancements in quantum computing are leading experts to believe such computers could be available in a few years.
- An estimated 430 million bitcoins could be at risk due to quantum computing.
- Some investors and strategists are moving allocations from Bitcoin to gold and gold-mining equities due to these risks.
- News of potential risks can sometimes signal a market low.
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