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?
Maybe this seems logical, of course if we put ourselves to the shoes of investor we would probably move our investment into another platform to save it. For example, if we have gold and the market will be down we can move it to bitcoin or other crypto to save it. It was common sense.