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Jefferies’ Wood Drops Bitcoin on Threat From Quantum Computing - Bloomberg.com

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Jefferies’ Wood Drops Bitcoin on Threat From Quantum Computing - Bloomberg.com

Jefferies analyst Jonathan Wood has downgraded Bitcoin, citing concerns over potential threats posed by advancements in quantum computing. Wood highlights the possibility that quantum technology could undermine the security of cryptocurrencies, prompting a reevaluation of Bitcoin's viability as a secure investment.

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