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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	0.878	0.818	0.739	0.857	0.791
ETH	0.878	1.000	0.872	0.651	0.713	0.737
SOL	0.818	0.872	1.000	0.742	0.681	0.714
BNB	0.739	0.651	0.742	1.000	0.814	0.706
XRP	0.857	0.713	0.681	0.814	1.000	0.803
AVAX	0.791	0.737	0.714	0.706	0.803	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.883	0.841	0.740	0.853	0.684
ETH	0.883	1.000	0.859	0.666	0.800	0.708
SOL	0.841	0.859	1.000	0.711	0.750	0.739
BNB	0.740	0.666	0.711	1.000	0.688	0.608
XRP	0.853	0.800	0.750	0.688	1.000	0.712
AVAX	0.684	0.708	0.739	0.608	0.712	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