I suspect that the crypto markets absorb excess investment money that the stock market cannot, because its saturated. Essentially, there are no other high poten

I suspect that the crypto markets absorb excess investment money that the stock market cannot, because its saturated. Essentially, there are no other high potential yield investments to speculate on. So when the stock market goes down by a small amount, crypto will swing down by a larger amount, as investors pivot from crypto to the (now) underpriced stocks. But this is a just-so story, and would be hard to validate, given that there are going to be a lot of confounding factors.