Cryptos De-Coupling from Stock Market Performance

While some observers have stated that Cryptos have become a leading indicator of stock market performance, I feel like the recent rise in Cryptos have shown that it can exist as a hedge against a falling stock market. There's a lot of volatility in equities at the moment and I can see a scenario that instead of institutional investors shying away from cryptos they adopt it instead.

What do you think can Cryptos (and especially bitcoin) become a hedge against a dropping market?