Correlation to Bitcoin

How closely the largest coins move with Bitcoin, and how strongly: correlation and beta of daily returns.

Correlation and beta to BTC

22 of 40 with 30 days

Correlation and beta of daily returns to BTC, sorted by open interest
Coin	Price	24h	Corr 30d	Beta 30d	Corr 90d	Beta 90d	Corr 1y	Beta 1y
ETH	2,417.5	+3.97%	0.95	1.31	-	-	-	-
HYPE	83.126	−3.94%	0.14	0.26	-	-	-	-
SOL	96.809	+3.88%	0.87	1.21	-	-	-	-
ZEC	1,326.5	+2.46%	0.78	2.51	-	-	-	-
XRP	1.3185	+2.66%	0.87	1.25	-	-	-	-
XAU	4,128.4	+1.88%	-	-	-	-	-	-
SPCX	134.53	−1.46%	-	-	-	-	-	-
BNB	715.61	+1.87%	0.82	1.09	-	-	-	-
NEAR	4.0335	−0.93%	0.64	2.79	-	-	-	-
SOXL	61.9121	−19.91%	-	-	-	-	-	-
SKHYNIX	951.34	−10.52%	-	-	-	-	-	-
SNDK	1,008.9	−11.89%	-	-	-	-	-	-
DOGE	0.0771	+2.55%	0.87	1.29	-	-	-	-
XAG	52.730	+1.07%	-	-	-	-	-	-
UNI	7.5797	+1.29%	0.74	2.34	-	-	-	-
LIT	3.4588	+1.72%	0.55	2.01	-	-	-	-
GOOGL	291.00	+2.90%	-	-	-	-	-	-
XMR	637.73	+0.28%	0.37	0.58	-	-	-	-
ENA	0.1814	−0.93%	0.75	2.83	-	-	-	-
CL	88.670	−7.25%	-	-	-	-	-	-
kPEPE	0.004994	−2.00%	0.71	2.13	-	-	-	-
LINK	11.605	+4.18%	0.76	1.57	-	-	-	-
MU	777.24	−10.54%	-	-	-	-	-	-
XAUT	4,101.0	+1.70%	-	-	-	-	-	-
SUI	0.9298	+1.88%	0.81	1.80	-	-	-	-
WLFI	0.0467	−3.91%	-	-	-	-	-	-
INTC	57.3585	−5.57%	-	-	-	-	-	-
WLD	0.378	−2.84%	0.58	2.08	-	-	-	-
PUMP	0.004339	−2.03%	0.60	2.18	-	-	-	-
BZ	96.2037	−6.10%	-	-	-	-	-	-
AAVE	133.70	+1.96%	0.75	1.80	-	-	-	-
PAXG	4,118.3	+1.82%	0.58	0.38	-	-	-	-
ASTER	0.7093	+0.69%	0.73	0.76	-	-	-	-
LTC	56.205	+2.69%	-	-	-	-	-	-
AVAX	8.7775	+0.92%	-	-	-	-	-	-
ADA	0.1988	+4.03%	0.83	1.70	-	-	-	-
TRX	0.3181	−1.02%	-	-	-	-	-	-
SKHY	137.44	−10.42%	-	-	-	-	-	-
KORU	9.350	−17.93%	-	-	-	-	-	-
ZRO	1.7801	−6.32%	0.43	1.58	-	-	-	-

Free shows the 30-day window. Pro adds 90 days, Desk a year and the matrix of your own watchlist. Pro opens soon: correlation over 90 days

How the coins of your own watchlist move with each other, every pair in one table, over 30 days, 90 days or a year. Part of Desk.

How correlation and beta are calculated

Returns: log returns of consecutive complete daily closes (UTC days) from our stored candles: the Hyperliquid mark we sample every 30 seconds, and exchange trade candles for the time before. A day missing for either coin drops that day; nothing is filled in.
Correlation: Pearson correlation of the coin's and Bitcoin's returns on the days both have (1 = always in step, 0 = unrelated, −1 = opposite). The watchlist matrix uses the same rule for every pair of your coins.
Beta: covariance with Bitcoin ÷ variance of Bitcoin. A beta of 1.5 means the coin moved 1.5 % on average for each 1 % of Bitcoin.
Coverage: a window needs at least 80 % of its days, otherwise it shows “-”. Coins: the 40 largest crypto markets by open interest.

These numbers describe the past only; they are not forecasts. Not investment advice.