Breadth · BTC

Correlation Coefficients

90-day return correlations between the top assets and the dollar index.

	btc	eth	xrp	bnb	sol	trx	xlm	doge	link	ada	ton	shib	dxy
btc	1.00	0.85	0.84	0.73	0.82	0.49	0.20	0.74	0.79	0.75	0.36	0.76	-0.28
eth	0.85	1.00	0.87	0.68	0.86	0.44	0.20	0.76	0.88	0.79	0.36	0.78	-0.42
xrp	0.84	0.87	1.00	0.70	0.85	0.39	0.34	0.78	0.90	0.81	0.34	0.83	-0.40
bnb	0.73	0.68	0.70	1.00	0.70	0.44	0.00	0.66	0.73	0.68	0.36	0.68	-0.40
sol	0.82	0.86	0.85	0.70	1.00	0.34	0.25	0.69	0.87	0.81	0.42	0.79	-0.47
trx	0.49	0.44	0.39	0.44	0.34	1.00	-0.25	0.42	0.48	0.45	0.36	0.38	-0.06
xlm	0.20	0.20	0.34	0.00	0.25	-0.25	1.00	0.17	0.20	0.21	0.05	0.23	-0.15
doge	0.74	0.76	0.78	0.66	0.69	0.42	0.17	1.00	0.80	0.77	0.34	0.82	-0.26
link	0.79	0.88	0.90	0.73	0.87	0.48	0.20	0.80	1.00	0.85	0.53	0.87	-0.42
ada	0.75	0.79	0.81	0.68	0.81	0.45	0.21	0.77	0.85	1.00	0.52	0.81	-0.37
ton	0.36	0.36	0.34	0.36	0.42	0.36	0.05	0.34	0.53	0.52	1.00	0.48	-0.15
shib	0.76	0.78	0.83	0.68	0.79	0.38	0.23	0.82	0.87	0.81	0.48	1.00	-0.40
dxy	-0.28	-0.42	-0.40	-0.40	-0.47	-0.06	-0.15	-0.26	-0.42	-0.37	-0.15	-0.40	1.00

Pearson correlation of daily log returns, trailing 90 days · red +1 · blue −1

Understanding this chart

Pearson correlation of daily returns over the trailing 90 days, for the top tracked assets plus DXY. Red cells move together; blue cells move opposite. The BTC row is the one to read: how tightly is everything chained to Bitcoin right now?

Crypto's dirty secret is visible here — intra-crypto correlations usually sit at 0.6–0.9, so diversification across coins diversifies little. The DXY column shows the macro chain: strongly negative in Fed-driven regimes, near zero when crypto trades on its own news.