I'm amused by the fact that cryptocurrency is dropping in tandem with broader markets. Probably a coincidence? Or maybe there's some reason those two asset classes should be correlated? But right now it's like: oh, just another correlated financial asset there, nothing special.
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money was flowing to crypto-->bubble. There was some profit taking, but I suspect not enough asset switchers to inflate stocks. When bubble burst, there was a rush to sell, which could have been boon to stocks, but that's not what we saw. Likely culprit fear over monetary policy
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(again, i'm just spit-ballin here)
End of conversation
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