Low Altcoin–Bitcoin Correlation Points to Market Fragmentation Rather Than a Broad Rally

TL;DR CryptoQuant’s 14-day average altcoin-Bitcoin correlation has fallen to around 0.26–0.27, indicating weaker co-movement. Analysts say the low correlation reflects market dispersion, not a confirmed altcoin season or bullish decoupling. The current setup resembles early May, when altcoins briefly moved more independently before market dynamics shifted. Narrow market leadership suggests capital is flowing into select [...]

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