Analysts warn that the next Bitcoin bull market could face headwinds from advances in quantum computing and changing inflation dynamics.
Singapore-based Web3 company Matrixport says there are still many risks that could disrupt Bitcoin’s (BTC) bull run in 2025.
In a Dec. 27 research note, the company noted that Google’s 105-qubit quantum chip “Willow” would reignite discussions about potential threats to Bitcoin’s security. While the technology is still in its infancy, Matrixport noted that “the theoretical risks require attention.”
Inflation expectations are also rising, partly due to possible tariffs under Trump’s presidency. The report says these tariffs had “minimal impact” during his first term, but warns that the Fed’s response to fiscal policy could influence monetary policy next year.
“[…] The FOMC could take a more hawkish stance if a Trump presidency becomes more likely or is confirmed – both of which have now occurred. This scenario brings new uncertainties for Bitcoin and the entire crypto market, as the Fed’s response to possible fiscal policies under Trump could influence the course of monetary policy.”
Matrix port
Matrixport emphasized that regulatory pressure often marks turning points for Bitcoin. The SEC’s approval of spot Bitcoin exchange-traded funds has eased concerns, but now macroeconomic factors are taking center stage.
“Inflation should not be a major concern next year,” the report said, adding that this could allow the Fed to maintain a dovish stance. According to Matrixport, the future of Bitcoin now depends on how…
