There is no relationship between stock trading and bitcoin trading, both are independent of each other. Stock exchanges worldwide are linked with oil prices. If oil goes up stock exchanges also go up. The crypto world is mostly dominated by millennials and whales.
no markets are truly independent because they are linked to macroeconomies. the national and global economic outlook affects
everything. if a global recession occurs, this means companies turning losses and laying people off. people losing their jobs live off their savings and sell off their investments. this is what drives prices down in virtually all investment assets during recessions---increased supply and reduced demand. that applies to bitcoins just the same as stocks.
if the the crypto world is dominated by millennials, that may be a bad thing. millennials (and generation z) are in a much more financially precarious position than older generations, so the effects of recession i mentioned could be even more acute.