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Quantum computing breakthrough raises concerns over Bitcoin's cryptographic security by 2029.

Market News
19 Oct 2026
Bitcoin
View Source
Neutral
Quantum computing breakthrough raises concerns over Bitcoin's cryptographic security by 2029.

Quantum computing firm Quantinuum achieved a record 99.9995% logical fidelity, significantly reducing error rates and advancing toward a fault-tolerant quantum computer by 2029. This progress heightens concerns that powerful quantum machines could eventually break Bitcoin's cryptographic protections, potentially exposing nearly one-third of Bitcoin's supply. While no current quantum computer can crack Bitcoin's security, the breakthrough accelerates the urgency for quantum-resistant upgrades in cryptocurrency networks to safeguard digital assets in the future.

Bitcoin trades at Rp1.477.132.278 on Pluang, showing a 1.59% gain over the past day. As of Oct 20, 2026 05:02 WIB, the market cap stands at Rp29.717,3T with a 24-hour trading volume of Rp480,07T, while Pluang users hold Bitcoin for an average of 112 days.

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