I was thinking that investors would think the cryptocurrency market as an alternative to traditional investment products.
Having said that, my point was that those two markets have a reverse impact.
If the stock market goes down, then investors would start searching for alternative (more profitable) investments and turn to Bitcoin and cryptocurrencies.
The last days stock market crash seems that lead the market cap of the crypto market down.
Does the Stock Market has impact over the Bitcoin price?
I don't know but maybe it does just like what you've said if the stock market drops they might come to crypto as an alternative,
And what if they already gain profit from crypto they could justtake it all away and put it back in stock.
Who knows maybe there are some people who might have been doing it stocks to crypto or the other way around .