The great Warren Buffet famously said: “only when the tide goes out do you discover who's been swimming naked.” If the markets have shown anything recently, it's that holders of growth stock powerhouses like TSLA, AAPL, and AMZN are in need of a bathing suit. Since 2022 began, more than $1 trillion combined has been wiped from their total share value. Cryptocurrencies, often touted as a hedge to choppy markets, are mimicking the stock market’s slide. According to Arcane Research, the 30-day average correlation between Bitcoin and the Nasdaq reached as high as .82 in early May.