Valuations in the tech sector could rise too high and trigger a double-digit correction in the S&P 500, Capital Economics said.

Cryptocurrency exchange Coinbase swung to a loss during the fourth quarter amid an ongoing flight from cryptocurrencies, but its stock bounced off a two-year low as the company tried to project optimism about more ways to trade on the platform — including via prediction markets.

Coinbase’s latest quarterly results have rattled investors and sparked heated debate across the crypto industry after the exchange reported a surprise loss and missed Wall Street expectations.