Bitcoin developer Matt Carallo has called out Bitcoin maxis, claiming that the recent market drop stems from quantum computing fears. Speaking on the Unchained podcast on Thursday, Carallo said that if quantum fears were behind Bitcoin’s recent selloff, then Ethereum (ETH) would be rallying. Instead, the two assets are dipping in sync.
According to the latest Bitcoin price news, BTC is down close to 50% from its October 2025 highs. While some Bitcoiners claim the plunge may be triggered by the quantum computing threat to Bitcoin, Carallo confirms otherwise.
BTC developer Matt Carallo says recent price drop does not stem from quantum fears
Live on the Unchained podcast on February 19, Bitcoin dev Matt Carallo slammed Bitcoiners who claim that BTC is dropping due to quantum fears. He said that these Bitcoin maxis are only looking for something to blame following the recent downturn.
“If that were true, then Ethereum would be up substantially on Bitcoin,” Carralo noted. But that is not the case. Instead, different reports on the Bitcoin market-moving events show that the plunge across BTC has been triggered by macro headwinds.
Data from Coingecko shows that Bitcoin traded at $67,385 on Friday, having jumped 1.2% on the 24-hour timeframe but down over 24% on the monthly chart.
3 coins that are rallying despite a bearish Bitcoin price news today
2. Solana price analysis as SOL jumps 3.7% on Friday
Solana (SOL) is slowly regaining bullish momentum after a period of market drawdown. According to data from Coingecko, this crypto is up by 3.7% on the 24-hour chart, to trade at $83.42. At this level, SOL is also up by 4.3% on the weekly chart, adding to the bullish outlook as the Bitcoin price news today shows that BTC is rallying, pulling altcoins along.
While the general SOL structure looks bearish, the recent rally indicates a resurgence in confidence among investors. According to the daily chart on TradingView, $88 remains as the immediate resistance. A move past this region could open the door for a rally above $100. However, if bullish momentum fades, SOL could revisit the support around $78 or $67.
3. Mantra price analysis amid a double-digit surge in a week
Mantra (OM) has rallied by 10.6% over the past week, bringing its price to $0.06761 on Friday, February 19. This rally adds to the 2.3% monthly rally, suggesting that this crypto has held the recent selloffs, as indicated in the BTC headlines, quite well.
Additional data shows that Mantra is experiencing a surge in activity after a 12% surge in the 24-hour Trading Volume, which reached $110 million. According to recent reports, OM’s rally has been powered by the recent endorsement for Mantra to transition from Ethereum to its own chain: Mantra Chain. Investors interpret this as a bullish sign, with expectations that OM could surge further.
