Bitcoin Axed By Top Wall Street Strategist On Quantum Fears

Jan 20, 2026 - 11:45
Bitcoin Axed By Top Wall Street Strategist On Quantum Fears
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure 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”...

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