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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	0.866	0.873	0.743	0.867	0.532
ETH	0.866	1.000	0.861	0.714	0.827	0.549
SOL	0.873	0.861	1.000	0.771	0.866	0.618
BNB	0.743	0.714	0.771	1.000	0.715	0.577
XRP	0.867	0.827	0.866	0.715	1.000	0.660
AVAX	0.532	0.549	0.618	0.577	0.660	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.882	0.846	0.731	0.864	0.643
ETH	0.882	1.000	0.857	0.678	0.871	0.706
SOL	0.846	0.857	1.000	0.689	0.843	0.750
BNB	0.731	0.678	0.689	1.000	0.684	0.590
XRP	0.864	0.871	0.843	0.684	1.000	0.715
AVAX	0.643	0.706	0.750	0.590	0.715	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