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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	0.924	0.743	0.847	0.872	0.518
ETH	0.924	1.000	0.738	0.807	0.905	0.510
SOL	0.743	0.738	1.000	0.727	0.702	0.672
BNB	0.847	0.807	0.727	1.000	0.813	0.562
XRP	0.872	0.905	0.702	0.813	1.000	0.626
AVAX	0.518	0.510	0.672	0.562	0.626	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.883	0.828	0.737	0.856	0.676
ETH	0.883	1.000	0.842	0.689	0.874	0.730
SOL	0.828	0.842	1.000	0.708	0.846	0.805
BNB	0.737	0.689	0.708	1.000	0.709	0.631
XRP	0.856	0.874	0.846	0.709	1.000	0.753
AVAX	0.676	0.730	0.805	0.631	0.753	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