How will the Bitcoin market react if the US stock market crashes?

I am not an expert on the US stocks but since it’s a hypothetical question I will give it a shot.

If the US Stock market crashes it does not necessarily means that people would turn into Bitcoin or any other Cryptocurrency.

Because a crash would mean that those who had invested are more than likely hurt. And it is unlikely that they would approve of another adventure, which itself is extremely volatile.

But let’s assume for the sake of argument, that some investors were smart and exited the market early. They would probably turn to Virtual currencies.

Now as per World Bank figures for 2016, the Stocks traded, total value (current US$) in the United States is worth 42.071 Trillion dollars. Now imagine if only 1% of that can make it to the Crypto world. You and I would surely see some swings.

Even if they don’t turn to crypto, Bitcoin investors would still speculate. And that means wild swings whatever the case may be.

But it could be reverse, people often panic for no reason be it as stupid as Jamie Dimon’s remaks. They consider their money as ‘hard earned’ but don’t treat it the same.

I hope this helps!