Global Political and Market Moves: Strategist Cuts Bitcoin Amid Quantum Risk Concerns
Global Political and Market Moves: Strategist Cuts Bitcoin Amid Quantum Risk Concerns
Recent global events highlight varied market dynamics, from US political actions to significant investment shifts in the crypto space. US President Donald Trump is reportedly pursuing criminal charges against the head of the Federal Reserve, a move widely seen as politically motivated to achieve lower interest rates. Concurrently, Trump also announced the jailing of a "Venezuela leaker," which coincided with several Polymarket accounts linked to early bets on Maduro’s ouster becoming inactive. In a notable development for cryptocurrency markets, Jefferies’ influential ‘Greed & Fear’ strategist, Christopher Wood, has completely removed his 10% Bitcoin (BTC) allocation from his portfolio, citing perceived quantum risks to BTC and reallocating funds into gold.
Trump moves on the Fed, Italy warns ‘fin-fluencers’: Global Express
US President Donald Trump is bringing criminal charges against the head of the Fed in what many see as a political move motivated by a desire for lower interest rates.
Trump says ‘Venezuela leaker’ jailed as Polymarket accounts go quiet
US President Donald Trump said the “leaker on Venezuela has been found and is in jail” as some Polymarket accounts tied to early bets on Maduro’s ouster go silent.
Jefferies’ ‘Greed & Fear’ strategist cuts Bitcoin allocation to zero on quantum risk
Jefferies’ Greed & Fear strategist Christopher Wood has slashed a 10% Bitcoin allocation from his portfolio and moved into gold, citing the quantum risk to BTC, Bloomberg reports.