As the total market capitalization of cryptocurrencies continues to grow, its correlation with the global traditional financial market's total market capitalization is evolving. Initially, cryptocurrencies were seen as a separate asset class with low correlation. However, as they gain more mainstream acceptance, the correlation may increase, especially during periods of global financial stress. Macroeconomic factors and regulatory policies now influence both markets, causing them to move more in tandem, although cryptocurrencies still retain some unique price - driving factors.