According to news from CoinWorld, Arca's Chief Investment Officer Jeff Dorman published an article this morning referring to this round of big dump as "the most bizarre crypto assets selling spree in history." The market clearly has many favourable information factors — the Fed is cutting interest rates, quantitative tightening is about to end, consumer spending is strong, corporate profits are at record highs, and demand for artificial intelligence remains robust, etc.; meanwhile, all the reasons supposedly leading to the dumping of crypto assets are unfounded — MSTR has not sold, Tether is not insolvent, DAT has not reduced its holdings, NVIDIA has not had a blow-up, the Fed has not turned hawkish, and the trade war has not restarted. Jeff stated: "I still don't understand why crypto assets keep falling. The reasons might be simple; although technology is advancing, and both Washington policies and Wall Street trends are showing positive developments, they cannot change the current state of crypto assets.