Quote from: bobitza on February 04, 2020, 09:32:00 AM

Quote from: Naida_BR on August 15, 2019, 07:12:38 AM

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 agree with your point! Stock market crash will greatly affect the cryptocurrency market. Maybe when the stock crash, people will divert their investment to Bitcoin. Bitcoin is currently rising very fast. This is a good sign if you choose bitcoin to invest!

I think you probably imagined too far and too much about this problem because when the stock market collapsed and there was a problem, it shows that the economy is facing trouble, maybe some investors will divert their operations to crypto but maybe they are still waiting for a comeback like we usually do with the crypto market. And the psychology of investors is always extraordinary, it's impossible to say whether it will have a big or small impact, we can only know that it will have an impact, which level is dependent on the interest of the investor