Crypto is no different than Stocks

I've noticed this for a long time and I've always wanted to get everyone's thoughts. Crypto is essentially the same as the index funds. It moves almost 1 for 1 during most financial events. Crypto is just another asset belonging to market makers, banks, and billionaires. Its clear that algorithms control just about everything, and any win the small man gets is pure timing luck. There is no strategy to this lol.

The end of day pump yesterday into the drop today. Its all algorithms right? When did crypto become so tightly coupled with the stock market index(s)?

Looks like its flipping us the bird