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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.

bitcoin 2008262 640smallWood 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.

Read the full article from Coindesk.

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