Crypto Market Selling Pressure Should be Over Soon, JPMorgan Says

The correction in crypto markets in August, “which reversed the submit Securities and Change Fee (SEC) versus Ripple court docket resolution rally” may be partly credited to the “broader correction in threat property equivalent to equities and particularly tech, which in flip seems to have been induced by frothy positioning in tech, greater U.S. actual yields and progress considerations about China,” the report mentioned.