Bitcoin's weakness versus gold and equities puts quantum computing fears back in focus

2026-01-24 07:21:17

Source: CryptoNewsNet Original Title: Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus Original Link: Bitcoin’s recent price weakness has revived the quantum-computing debate, with one high-profile investor arguing it’s already shaping market behavior — and on-chain analysts saying the real driver is more old-fashioned selling pressure.

Gold and silver kept ripping on Thursday, with gold up 1.7% to a record $4,930 an ounce and silver jumping 3.7% to $96, while bitcoin slipped back to just above $89,000, roughly 30% below its early-October peak.

Since just after Trump’s November 2024 election win, bitcoin is down 2.6%, versus gains of 205% for silver, 83% for gold, 24% for the Nasdaq and 17.6% for the S&P 500.

Castle Island Ventures partner Nic Carter kicked off the latest round of chatter, saying Bitcoin’s “mysterious” underperformance is “due to quantum,” and calling it “the only story that matters this year.”

BTC0,36%

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