Wood also said trimming gold exposure is prudent at this time. Further, the analyst added he will not be buying Ethereum, as he does not consider it a “store of value” asset.
Estimated reading time: 0 minutes, 19 seconds
Jefferies Strategist Bullish on BTC, Blockchain for Banks
Christopher Wood, Jefferies’ global head of equity strategy, said he believes banks should be emphasizing blockchain technology and investors should be adding Bitcoin. So reports Coindesk.
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