JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets. https://static.news.bitcoin.com/wp-content/uploads/2024/05/jpmorgan-crypto.jpg
The bank has observed a significant increase in selling and profit-taking across these markets, largely driven by retail investors. JPMorgan also noted that institutional momentum traders and quantitative funds have been reducing their positions, particularly in stocks, bitcoin, and gold