Bitcoin Price Slides 4% After Strong Rally – Correction or Pause?

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Bitcoin just hit a major milestone—its total market value has surged past $2.4 trillion, making it bigger than corporate giants like Amazon and Alphabet (Google’s parent company). After a wild July rally, it’s now one of the top five most valuable assets in the world, even outpacing silver. This isn’t just a win for crypto fans; it’s a sign of how mainstream Bitcoin has become as a store of value.

A former hacker who is now a cybersecurity CEO is raising alarms about the potential threat quantum computing poses to Bitcoin. He suggests that quantum computers could eventually decrypt Bitcoin's security protocols by stockpiling encrypted data now and cracking it later when the technology advances.

Cardano (ADA) has shown resilience by remaining stable despite a recent market pullback. Analysts believe it could soon reclaim important resistance levels and reach new highs.

Editor’s Note: This matters because Cardano's potential recovery could signal a positive trend in the cryptocurrency market, attracting more investors and boosting confidence in digital assets.

Hyperliquid has achieved record trading activity, reaching $29 billion in daily volume and $7.7 million in fees. This surge raises speculation about a potential rally for HYPE.

Editor’s Note: This matters because it highlights the growing interest and activity in the cryptocurrency market, suggesting that HYPE could see significant price movements soon, which could impact investors and traders.