I will read the archive later after I am done with my home works, but for now I am wondering if the recent price is connected to googles being able to make a chip that can be a super computer and break through Bitcoin. What if it is not true and just making things just to bring down the price of bitcoin and other crypto currencies?
Google has nowhere mentioned that their Quantum Computing capabilities will be put into use towards the cryptocurrency sector and it is very likely to remain the same. There are much better places for it to be utilized which extends mainly to scientific simulations especially in Physics. With that said, there could be a small possibility of Google going full monetary-headed and put it to use in the economic industry to directly to push their stock values up.