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As the crypto market experiences selling pressure, Bitcoin news around El Salvador has grabbed major headlines. The first country to make Bitcoin legal tender is moving BTC holdings to multiple addresses for safety reasons.
El Salvador has been accumulating Bitcoin since 2021 and has been consolidating its Bitcoin position. As of August 1, it held around 6,286 BTC, worth approximately $674.5 million.
On Saturday, the country’s National Bitcoin office announced that the Strategic Bitcoin Reserve would be moved to different addresses for security purposes. The office noted that the holdings will be distributed across several addresses, each containing up to 500 BTC.
El Salvador is moving the funds from a single Bitcoin address into multiple new, unused addresses as part of a strategic initiative to enhance the security and long-term custody of the National Strategic Bitcoin Reserve. This action aligns with best practices in Bitcoin…
— The Bitcoin Office (@bitcoinofficesv) August 29, 2025
The reason for the migration has been cited as a response to the potential threat of attacks from emerging developments in quantum computing. However, experts believe that the threat posed by quantum computers is currently very small and largely theoretical.
However, the drop in Bitcoin price has prompted investors to diversify into high-potential altcoins. One standout, seeing a massive inflow of investors, is the first layer-2 protocol, Bitcoin Hyper. The project has already raised $13.1 million and is gaining massive traction as the best crypto presale for September.
El Salvador Takes Precautionary Steps Against Quantum Risks
El Salvador’s move to shift Bitcoin into multiple wallets over quantum threats has dominated Bitcoin news, but experts say the actual risk is minimal.
This move shows a cautious approach towards the possibility of a potential future where quantum computers become powerful enough to decode encryption. The security of the largest cryptocurrency depends on elliptic curve cryptography (ECC), but it is currently unbreakable by any known computer.
El Salvador splits $678m in bitcoin across 14 wallets to reduce quantum risk.
he added that each bitcoin address holds up to 500 bitcoins per wallet.
onchain transfers have been made.
quantum isn’t a worry, for now:
a bitcoin private key contains 256 bits,
and no quantum… pic.twitter.com/0f7Lb0QLtX
— Hades Web3 (@0xHvdes) August 30, 2025
Research analyst Hades Web3 posted on X that “quantum isn’t a worry, for now.” He explained that a Bitcoin private key holds 256 bits, while no quantum computer using Shor’s algorithm has managed to break even a 3-bit key.
Bitcoin developers are already working on post-quantum cryptography to strengthen the network against future risks. For now, experts agree that quantum computers are far from powerful enough to break Bitcoin’s 256-bit keys, so there’s no immediate danger.
Bitcoin Price Finds Support Near $107,000: Reversal Soon?
After bouncing off the $ 107,000 support level, BTC has risen above $ 108,000. The crypto has been trading within a narrow range in the past few days. According to CoinMarketCap, Bitcoin’s price has decreased by 2.60% on the weekly timeframe and 4.48% on the monthly chart.
At press time, it is trading at $108,706 with a 17% increase in trading volume in the last 24 hours. Bitcoin has extended the sell-off that began from its recent all-time high. Nevertheless, the technical indicator shows that it is ready for a reversal. The RSI technical indicator is showing a hidden bullish divergence on the daily timeframe.
Bitcoin price chart. Image Courtesy: TradingView
While the Bitcoin price has established a new low, RSI has remained around the previous low, indicating a bullish divergence.
Historical data show that the fourth quarter has consistently been a strong performance period for Bitcoin, and it may follow this trend in the coming months. If the reversal confirms, BTC might surge to $115,000-$120,000 in the coming weeks.
Bitcoin Hyper Smashes $13 Million As Accumulation Accelerates
As Bitcoin prepares for the next rally, layer-2 infrastructure project Bitcoin Hyper has emerged as the prominent contender to bank the bull rally. The presale has achieved another milestone, raising $13 million, as crypto whales continue to stock up on HYPER tokens.
Bitcoin’s massive market cap can deter some investors, as large caps typically yield lower returns than small or micro caps. But you don’t need to buy Bitcoin itself to gain from the success of the world’s leading cryptocurrency.
Bitcoin Hyper is the first meme-specialized Layer-2 solution that offers a way to capitalize on BTC’s $2 trillion dormant capital. The project is positioning itself as the hub for meme coin trading, integrating this activity into the BTC ecosystem.
The project is being hailed as the perfect fusion between Bitcoin’s massive liquidity and high security and the explosive force of meme coins.
Slots are filling up fast, and only a brief window of opportunity remains. Currently, each token costs $0.012835, and with this undervalued price, HYPER is undoubtedly one of the best cryptos to buy now in the wake of increasing Bitcoin adoption.
