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Popular Strategist Removes Bitcoin From Portfolio Due To Quantum Threat — What’s Happening?

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TL;DR:

The global head of equity strategy at Jefferies has removed Bitcoin from his model portfolio, citing the potential threat of quantum computing as his reasoning. Why Market Strategist Cut 10% BTC Exposure Christopher Wood, global head of equity strategy at Jefferies, has dropped a 10% allocation to B...

Key Points:

  • Popular Strategist Removes Bitcoin From Portfolio Due To Quantum Threat — What’s Happening?
  • Involves BTC cryptocurrency
  • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Popular Strategist Removes Bitcoin From Portfolio Due To... | NewsCR