As they say, desperate situations require desperate solutions. Nevertheless, the current situation in the world could be described as such. We are not talking just about central banks, which are clearly on the verge of a huge collapse. Indeed, their solutions are more than desperate and their impact is more than questionable. The same solutions are being applied in the investment sector, too.

In today's situation, it is clear that there has been a huge panic in the markets going on lately. We have not been accustomed to see double-digit losses in the largest US firms, and almost every one of them is currently having such a problem. Boeing announced the possibility of going bankrupt if the US government does not financially support it. However, even such an extreme situation is behind a rather surprising correlation.

People have not focused on the relationship between bitcoin and the S&P 500. There seemed to be a correlation between them, but it was so insignificant and unclear that few dared to draw attention to it. However, recent days have shown that the relationship between bitcoin and the S&P 500 is most likely to exist.

Investors, whether institutional or retail, seem to have turned to bitcoin and the S&P 500 as the first forms of investment to withdraw their money from in the face of the financial crisis. These investment instruments have thus lost value in recent days, and this event pointed to the fact that it is most likely that the investment in bitcoin and the S&P 500 is the one that people are willing to sacrifice first in times of financial uncertainty.