With the price of BTC falling and a new report from JPMorgan on how big banks could push back against cryptocurrencies, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by Nexo.io.

Today's stories:

First Mover: Laser Eyes Can’t Stop Correction as Bitcoin Tumbles to $53K

The news flow still looks bullish on bitcoin, but the market appears to have gone too far, too fast.

Travel’s Covid-19 Blues Are Likely Here to Stay—‘People Will Go Out of Business’ (WSJ)

Even skeptics may need to consider crypto exposure, according to the Wall Street Journal’s Heard on the Street column.