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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	0.911	0.863	0.674	0.858	0.307
ETH	0.911	1.000	0.899	0.733	0.864	0.368
SOL	0.863	0.899	1.000	0.738	0.860	0.305
BNB	0.674	0.733	0.738	1.000	0.642	0.318
XRP	0.858	0.864	0.860	0.642	1.000	0.362
AVAX	0.307	0.368	0.305	0.318	0.362	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.875	0.828	0.703	0.870	0.482
ETH	0.875	1.000	0.810	0.656	0.774	0.486
SOL	0.828	0.810	1.000	0.685	0.771	0.455
BNB	0.703	0.656	0.685	1.000	0.717	0.428
XRP	0.870	0.774	0.771	0.717	1.000	0.522
AVAX	0.482	0.486	0.455	0.428	0.522	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