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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	0.882	0.832	0.717	0.913	0.861
ETH	0.882	1.000	0.829	0.631	0.766	0.787
SOL	0.832	0.829	1.000	0.661	0.743	0.749
BNB	0.717	0.631	0.661	1.000	0.728	0.687
XRP	0.913	0.766	0.743	0.728	1.000	0.865
AVAX	0.861	0.787	0.749	0.687	0.865	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.886	0.794	0.717	0.863	0.641
ETH	0.886	1.000	0.796	0.662	0.774	0.625
SOL	0.794	0.796	1.000	0.670	0.717	0.662
BNB	0.717	0.662	0.670	1.000	0.719	0.554
XRP	0.863	0.774	0.717	0.719	1.000	0.687
AVAX	0.641	0.625	0.662	0.554	0.687	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