Investment Opportunity: Cryptocurrencies have opened new investment avenues, and the increase in cryptocurrency adoption has been positively associated with stock market capitalization in some studies, suggesting a complementary rather than substitutive relationship with traditional finance.

Correlation with Crypto-themed Stocks: Companies directly involved in the crypto space (for example, cryptocurrency miners, exchanges, or companies holding significant assets in cryptocurrencies) tend to see their stock prices move in tandem with major cryptocurrencies like Bitcoin.