Bitcoin is showing record correlation to equities

The U.S. stock market suffered the sharpest decline in its history over the past month, as the world grappled with the fallout of the coronavirus pandemic. 

Since peaking on February 20, the S&P 500 index has dropped by 33.92% in 22 trading days. In the last three trading sessions, the index has recovered slightly and is trading down ~24.23%.