Does bitcoin move in line with the stock market?

Being involved in both cryptocurrencies and stocks, there was always a question going through my mind: Does bitcoin move in line with the stock market?

I think that one of the attractions of Bitcoin until not too long ago, was the fact it wasn’t correlated with the stock market however more recently there is a positive correlation i.e. they both move in line with each other. And I am thinking only at Elon Musk on how is impacting both markets at once. What's your opinion on this - are the stocks and cryptocurrency markets correlated?

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