The title and some of the wording in the article make is sound like JP Morgan is letting the world in on a little secret they discovered...that there is this corelation.
I was being sarcastic, but making a point that this is a marketing statement by JP Morgan...not a revelation of super special data that investors can use to their advantage.
The author seems to imply that this is breaking news, yet evidence suggests that these very same people are at the heart of - yet another - price manipulation scheme.
And because of the fact they:
- Start derivatives trading in crypto
- Super experienced at price manipulation...
I am assuming they are revealing that they finally figured out how to manipulate the price to their advantage.
Okay, thanks for clarification. You got your facts correctly....