Bitcoin Faces Quantum Computing Threat as New Recovery Plan Unveiled

A new Bitcoin recovery plan aims to counter the emerging risk of quantum computing. The plan targets this risk, which could potentially compromise the security of Bitcoin and other cryptocurrencies.

Institutional and market-structure movements have shown a contraction in recent times, with stablecoin circulation declining by $12 billion over two months. However, Tether maintained its position without reducing exposure.

Prediction markets reached record trading volumes in June, driven by sports-related activity, while political betting platforms continued to reflect debate-driven interest, such as 2028 leadership odds. A token treasury drawdown contributed to a meme coin's 40% price slide, with additional sales intensifying bearish pressure.

On the trading front, Bitcoin's prolonged nine-month downturn showed signs of stabilizing as short-term holder cost basis lowered to $69,000. Exchange data indicated potential long liquidations near $61,359.