[IG Markets analyst: Cryptocurrency is largely at the "tip" of risk assets] Golden Finance reported that IG Markets analyst Tony Sycamore emphasized in an interview that this week's sharp decline reminds us that cryptocurrencies are largely at the "tip" of risk assets. Sycamore believes: "This is a position wash, driven by some concerns about recession and hard landing, as well as some concerns about war, as Israel and Hezbollah continue to clash over the weekend and the United States is also strengthening its military presence in the region.