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?
Bitcoin and crypto is a support against society, expansion, and US Stocks. Additionally, Bitcoin is regularly alluded to as advanced gold and a store of significant worth in time of emergency and vulnerability. Along these lines, Bitcoin would flourish in a US Market crash. Notwithstanding, Bitcoin has never been put to this test. It developed out of the ruble of the 2008 emergency and has existed nearby a flourishing US Stock Market for as far back as 9 years.
purchasing Bitcoin has been a positive venture for recent college grads rather than owning customary stocks. This could at last push their age toward a worldwide money related world revolved around a blockchain record.
This could in turn affect stock market's welfare. But I don't see it ending any time soon. To add up, these are indirect changes that could happen to bitcoin when stock market fails. I personally see nothing that could affect bitcoin's price in the stock market. After all, these two are behaving differently and are of different investment platforms, so this definitely means that there'll be no direct effect on bitcoin in case stock market crashes.