Bitcoin Axed By Top Wall Street Strategist On Quantum Fears
Jefferies strategist Chris Wood has eliminated Bitcoin from his long-term mannequin portfolio, citing quantum computing as a threat that weakens Bitcoin’s store-of-value framing for pension-style allocations. VanEck head of analysis Matthew Sigel flagged the change on X, calling it a notable “downgrade” from one of many Street’s most generally adopted world strategists. Veteran Strategist Chris…
