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?
There is no relation between the two markets. Considering the fact that many professional speculators and investors trade bitcoin in secret (no mather the evolution of stock market) they will never go public to admit bitcoin as good alternative of the stock market.