Andy Bromberg | Source | Co-founder & President at CoinList

The overall crypto markets have a tendency to be event-driven, and in the past few months there hasn’t been news to send prices moving meaningfully. What’s interesting is that bitcoin is becoming less correlated with the rest of the [crypto] market, an indicator of how its narrative, value, and popularity are emerging even more strongly. Because of bitcoin’s decreasing correlation, there’s a reasonable chance that the next time the market moves, it will be either bitcoin or the rest of the market, not both.