🗞️ Breaking News | Special Report | Urgent Update | Developing Story
New York City — 09:58 AM (NYC Time)
Jefferies has issued a stark warning as global head of equity strategy Christopher Wood dumps Bitcoin from his flagship portfolio, citing accelerating advancements in quantum computing as a direct threat to the cryptographic foundations that secure Bitcoin’s network 🔐⚠️.
$BNB Wood argues that powerful quantum machines could eventually derive private keys from public ones, undermining the long‑term “store of value” thesis and exposing an estimated 20%–50% of BTC supply to potential vulnerability if quantum breakthroughs arrive sooner than expected 💥📉. [bitcoinmagazine.com], [bloomberg.com]
$ETC The strategist has removed his full 10% Bitcoin allocation, reallocating equally into physical gold and gold‑mining equities—signaling a notable shift in institutional sentiment as concerns grow that Bitcoin may struggle to remain secure for pension‑style, long‑term holdings 🪙➡️🥇.
$SOL While developers argue quantum‑resistant upgrades are possible, Wood contends that rising uncertainty alone is enough to pressure Bitcoin’s credibility in an era of rapidly advancing computation 🚨🧠. [insidebitcoins.com], [blockonomi.com]
His move highlights a broader debate within crypto and Wall Street as quantum research accelerates and major financial players begin openly questioning whether Bitcoin’s security model can withstand the next era of computing power ⚡🔍. [thestreet.com]
#BitcoinSecurity #QuantumThreat #JefferiesReport #CryptoRis 🚨🧩🪙