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CorrelEx

Crypto correlation matrix — 30-day and 90-day log returns

30-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.876	0.861	0.741	0.850	0.781
ETH	0.876	1.000	0.881	0.646	0.701	0.728
SOL	0.861	0.881	1.000	0.735	0.731	0.706
BNB	0.741	0.646	0.735	1.000	0.808	0.697
XRP	0.850	0.701	0.731	0.808	1.000	0.798
AVAX	0.781	0.728	0.706	0.697	0.798	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.883	0.851	0.739	0.846	0.684
ETH	0.883	1.000	0.862	0.663	0.792	0.705
SOL	0.851	0.862	1.000	0.709	0.760	0.743
BNB	0.739	0.663	0.709	1.000	0.681	0.604
XRP	0.846	0.792	0.760	0.681	1.000	0.710
AVAX	0.684	0.705	0.743	0.604	0.710	1.000

Color Scale

≥ 0.900.70–0.890.50–0.690.30–0.490.00–0.29Negative

How to use

· High correlation (> 0.85) = assets move together — reduced diversification benefit.
· Low / negative correlation = better hedging opportunity between the pair.
· Divergence between 30d and 90d reveals regime shifts and decoupling events.

Source: Binance daily OHLCV · Cached 1h