U.S. equities took a beating last year. Now Deutsche Bank is cautioning that history could repeat itself. The question everyone's asking: if traditional markets stumble again, what happens to crypto? When stocks struggle, risk appetite typically dries up—and that's usually when alternative assets like Bitcoin and altcoins feel the pressure. Market correlation patterns have shown that in periods of broader economic uncertainty, investors tend to reassess their entire portfolio allocation, including their crypto holdings. So whether you're watching the Fed's next move or tracking equity futures, the macroeconomic backdrop matters more than ever for the digital asset space.