Bitcoin Axed By Top Wall Street Strategist On Quantum Fears

Jefferies strategist Chris Wood has removed Bitcoin from his long-term model portfolio, citing quantum computing as a risk that weakens Bitcoin’s store-of-value framing for pension-style allocation...

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Bitcoin Axed By Top Wall Street Strategist On Quantum Fears

Source: Bitcoinist.com

Jefferies strategist Chris Wood has removed Bitcoin from his long-term model portfolio, citing quantum computing as a risk that weakens Bitcoin’s store-of-value framing for pension-style allocations. VanEck head of research Matthew Sigel flagged the change on X, calling it a notable “downgrade” from one of the Street’s most widely followed global strategists. Veteran Strategist Chris […]