Stocks give like 20-30% returns in an year but bitcoin and other crypto coins can give this much return in just one day. At such, do you think that increasing popularity of bitcoin has reduced interest of people in stocks.
I think in some countries, people are really shifting to crypto only and most of their investment portfolio is in the form of crypto instead of stocks. The awareness related to crypto is increasing day by day and this more people are getting included in this crowd. Stocks on the other hand become saturated, people have realized that these stocks are not as much profitable as bitcoins. Also, there are other benefits of bitcoins like it can be used for transactions. This cannot be done with stocks.
It didn't. If anything it delivered investing, in all sense of the word to the common people. Ever saw WSB? That wouldn't be a thing if people didn't realize that they can actually invest in stocks and assets themselves without the need of a broker. So if anything, bitcoin and investing in it made people see how they can change shit for themselves wthout spending horrendous amounts of money or hiring someone who's probably out there to screw you too.
There's the case of people jumping from stocks to cryptocurrency but that's a niche percentage and honestly I'd say the amount of people who invest on both bitcoin and stocks had increased drastically these past few years.