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JPMorgan attributes crypto sell-off to retail investor activity


JPMorgan Chase, one of the major contenders on Wall Street’s financial superhighway, has slightly changed their approach towards the cryptocurrency scenes as they proceed cautiously. The issuer states her reasons first and foremost by noting that there are not enough factors leading...

JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets


JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin,...

JPMorgan Warns of Downside Risk in Crypto Markets


JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in May. Crypto...

JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI


JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals.  His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...

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