This has been answered before. The answer is no. It tends to be the opposite, but not quite. Bitcoin is similar to gold, some investors seek refuge there when the economy goes bad. Bitcoin is not affected by the state of the economy, just like gold.

I don't see any meaningful relationship between those two. The only thing I can think of is the same with what will happen if a crash on the stock market will come. Implicitly that will impose most probably an economic crisis as well and we all know that when that happens people are more resilient with investing their money. Moreover they will try to sell all their remaining assets (including Bitcoin probably) to get as much cash as possible. That's how fear operates on people unfortunately.

there is no direct correlation. it's not like the strong ~80% correlation between gold and the australian dollar, which exists because gold mining/minting/exporting is an integral part of australia's economy.

i do however believe there is a long term, indirect correlation between the two, based on macro investment cycles and global risk appetite. the cryptocurrency market is indirectly related to the technology equity market in the sense that they draw from the same pool of high risk/high reward speculative investors.

this may be why tech stocks and bitcoin have both been in a raging bull market for the last decade. i believe they will both fall together in the next recession too for similar reasons.

This is just probably a theory so we can't really proved that there is a connection, if indeed there is one. Bitcoin can go up anytime but it doesn't mean that stock market will spike as well and vice versa.

So it's inconclusive, we even don't know if we have the same sets of investors. We all know that majority of stock traders doesn't like bitcoin or crypto in general because it is unpredictable. With that said, I don't think there's any correlation whatsoever.

There's no correlation between them because crypto has a lot of whales while the stock market is dont have. Also crypto is highly volatile and most traders are this what they like. The stock market was backed by a company and they are all centralized one while cryptos are decentralized and no one control with this but it can be manipulated. So, I dont think there's a relationship among them.

absolutely nothing.

bitcoin has always been a stand alone thing that doesn't take any effects from any other market (not just stocks market but anything you can think of). it is a 24/7 global market and it has been going up and down independently for the past 10 years. you can see the history, there are times when people find some exception where an up or a down coincides with another market and they get excited but then when you look at the bigger picture you can see that there is no relationship at all.

with that said, we can't deny the fact that things that could affect another market "drastically" could also affect bitcoin. what i explained above is the normal circumstances that for instance if stocks market crashed nothing would happen to bitcoin. but in special cases for example a recession where stock market not only crashes but it does it hard, then bitcoin could be affected. there are different speculations about what could happen, my opinion is that bitcoin would thrive in a recession and would go up.

each investment has a different place, so it will be different too, the stock is usually invested from a company that can be called traditional, while Bitcoin is more in the field of internet where the majority of users are new people. so as far as I know bitcoin and stocks are very different in terms of price movements and the risks are different

not really, even they are completely different, your crypto can decide when you should get profits and losses so you can choose the option to close a position, if the stock market I have never tried it looks like they are based on a contract, sorry if I'm wrong, but basically the stock market and the crypto market is different, sometimes when the stock market goes down, the crypto market will go up, because they switch there

I don't think that bitcoin has relationship in stockmarket, bitcoin has its own market and stockmarket don't list crypto currency and that side, crypto market has no big effect if stockmarket goes up. in other words, crypto and stock market will still depend on its own investors.