The correction in crypto markets in August, โwhich reversed the post Securities and Exchange Commission (SEC) versus Ripple court decision rallyโ can be partly credited to the โbroader correction in risk assets such as equities and in particular tech, which in turn appears to have been induced by frothy positioning in tech, higher U.S. real yields and growth concerns about China,โ the report said.
Crypto Market Selling Pressure Should be Over Soon, JPMorgan Says