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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	0.869	0.879	0.736	0.879	0.551
ETH	0.869	1.000	0.868	0.721	0.861	0.579
SOL	0.879	0.868	1.000	0.762	0.862	0.628
BNB	0.736	0.721	0.762	1.000	0.747	0.597
XRP	0.879	0.861	0.862	0.747	1.000	0.668
AVAX	0.551	0.579	0.628	0.597	0.668	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.883	0.840	0.732	0.870	0.642
ETH	0.883	1.000	0.853	0.682	0.881	0.707
SOL	0.840	0.853	1.000	0.693	0.844	0.757
BNB	0.732	0.682	0.693	1.000	0.693	0.596
XRP	0.870	0.881	0.844	0.693	1.000	0.717
AVAX	0.642	0.707	0.757	0.596	0.717	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