Jefferies strategist Christopher Wood has completely removed Bitcoin from his model portfolio, where it previously held up to 10% allocation 📉

The reason is growing concerns about the threat of quantum computing, which could eventually undermine the cryptographic security of the Bitcoin network and question its role as "digital gold" 🛡️

Wood redistributed the freed-up funds into physical gold and shares of gold mining companies, viewing them as more reliable assets in the long term 🔥

This decision underscores that even institutional investors are reassessing the long-term risks of cryptocurrencies amid technological changes 👀

#Bitcoin #CryptoNews #InstitutionalShift #BinanceFeed #QuantumRisk