I mean, who could have predicted?

Bitcoin price falls sharply amid Wall Street sell-off, with value cut in half since November

You’d think with the inflation we’re seeing, you’d see the opposite,” said Bob Fitzsimmons, the executive vice president for fixed income, commodities and stock lending at Wedbush Securities. “That’s been one of the selling points for bitcoin, so its correlation to stock prices has surprised me.”

Note to self: Do not pay attention to any advice written by Bob Fitzsimmons.