Quantum FUD & Geopolitics Dominate the Headlines

The news cycle is heavy today. The big story is Google's quantum computing paper, which has researchers warning a 'Q-Day' (quantum computers breaking Bitcoin's encryption) could arrive by 2032. This isn't new, but the 'no longer a drill' framing is sparking fresh debate. It's a long-term existential question, not a tomorrow problem, but it's the kind of macro FUD that can weigh on sentiment.

Meanwhile, Trump is reportedly prioritizing an Iran war exit over reopening the Strait of Hormuz, a major oil chokepoint. Bitcoin is holding $66k amidst this. The takeaway? We're trading in a world where quantum breakthroughs and geopolitical maneuvers are headline risks. The market's 'Extreme Fear' (F&G: 11) feels justified with this backdrop.

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