According to @StockMKTNewz, Jefferies cut Apple (AAPL) to Underperform from Hold and reduced its price target to $205.16 from $205.82 (source: @StockMKTNewz). As Apple is a top-weighted constituent in the S&P 500 and Nasdaq-100, a downgrade can pressure index-linked tech exposure and related ETFs in the near term (sources: S&P Dow Jones Indices; Nasdaq). Research finds that equity-crypto correlations strengthen in risk-off phases, so a tech-led drawdown can elevate headline risk for BTC and ETH if broader indices weaken (sources: International Monetary Fund 2022; Bank for International Settlements 2022).