Will this chip be able to break the cryptography behind BTC addresses so quickly that it will make the entire BTC network insecure?
I read that news but it has no impact whatsoever on the price of Bitcoin based on this article
Google's groundbreaking quantum chip, has reached only 105 qubits with improved error rates. Cracking SHA-256, another type of encryption used by Bitcoin, would require an even more powerful computer with millions of physical qubits.
Read more on U.Today
https://u.today/googles-new-quantum-chip-wont-kill-bitcoin-expert-saysSo Bitcoin is still safe for now but we don't know in the forseeable future, The developers are getting motivated to crack the Bitcoin; they need extensive testing, which will take a lot of time and doesn't guarantee results