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?
If many stock brokers are related to bitcoins and if they buy and sell bitcoins depending on the stock markets by treating bitcoins as a market trading pair with their stocks than it might be possible that bitcoins can be affected due to the stock market crash.