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Fear that quantum computing is on the cusp of cracking cryptocurrency's encryption spurs a global investment firm to remove Bitcoin from recommendations

  • [email protected] (Jowi Morales) , Jowi Morales--Tom's Hardware UK
  • published date: 2026-01-18 12:20:00 UTC

Jefferies Global Head of Equity Strategy Christopher Wood said that quantum computing could break Bitcoin sooner rather than later, and that the debate between crypto developers and quantum computing will only be a "long-term positive for gold."

Senior financial strategist Christopher Wood said in the latest issue of the GREED & Fear newsletter that he’s removing the 10% Bitcoin allocation from his recommended portfolio. He justified thi… [+3072 chars]