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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	0.910	0.858	0.652	0.859	0.316
ETH	0.910	1.000	0.899	0.693	0.862	0.382
SOL	0.858	0.899	1.000	0.686	0.854	0.319
BNB	0.652	0.693	0.686	1.000	0.624	0.306
XRP	0.859	0.862	0.854	0.624	1.000	0.369
AVAX	0.316	0.382	0.319	0.306	0.369	1.000

90-Day Correlation (Pearson · log returns)

	BTC	ETH	SOL	BNB	XRP	AVAX
BTC	1.000	0.875	0.830	0.706	0.871	0.493
ETH	0.875	1.000	0.811	0.658	0.775	0.496
SOL	0.830	0.811	1.000	0.691	0.771	0.466
BNB	0.706	0.658	0.691	1.000	0.719	0.445
XRP	0.871	0.775	0.771	0.719	1.000	0.530
AVAX	0.493	0.496	0.466	0.445	0.530	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