Markets are tumbling across the board. Stocks, commodities, gold, bitcoin and other assets are all tanking. The S&P 500 had its worst-performing beginning of the year since 1939. We are officially in a bear market.

Bitcoin is often called a hedge against inflation and compared to gold. Historically, gold has been inversely correlated with the stock market. Whenever stocks crash, investors pull out of the stock market and invest into gold. And when stocks are in a bull market, investors move money from gold into the stock market.