Crypto vs Stocks

Total crypto market cap in blue and SPX500 in red. There’s a very clear correlation over the last year. Maybe this has something to do with the fed interventions that began around that time (repo markets). As the fed continues its course of “unlimited” action will we see prolonged correlation or is a divergence imminent? Only time will tell if unlimited and unregulated stimulus will be able to stave off the inevitable pitfalls of debt.