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Jefferies Strategist Removes Entire Bitcoin Allocation On Quantum Computing Concern
📰 sources⭐ 5.0
TL;DR:
Christopher Wood, global head of equity strategy at investment bank Jefferies, removed a 10% allocation to Bitcoin (BTC) from his model portfolio.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.