Crypto price correlation with Bitcoin

Which coins follow Bitcoin and which move on their own? Correlation of the largest coins with BTC, calculated from hourly price changes over 30 and 7 days. Close to 1: moves up and down almost in lockstep with BTC; close to 0: unrelated.

Average correlation with BTC: 0.57
Very tight (≥ 0.8): 7 coins
Fairly independent (< 0.5): 12 coins
Average beta: 1.23

Tracks BTC most closely

WBT $66.19beta 1.000.97
ETH $1,925.50beta 1.180.89
SOL $76.68beta 1.370.84
DOGE $0.06407beta 1.290.83
BNB $629.89beta 0.920.81
ADA $0.1667beta 1.510.81
SUI $0.7867beta 1.700.80
XRP $1.00beta 1.180.77

Most independent

USDY $1.15beta 0.00-0.13
LEO $9.31beta 0.000.00
BTW $0.7517beta 0.600.06
JST $0.1453beta 0.070.07
M $0.8162beta 0.470.15
TRX $0.3119beta 0.080.16
HTX $0.000001504beta 0.090.16
RAIN $0.003713beta 0.720.21

Decoupling from BTC

7-day correlation is at least 0.15 below the 30-day figure.

GRAM $1.087d 0.190.42
ICP $2.407d 0.500.65

30-day correlation matrix

The 12 largest coins, pair by pair. The darker the color, the more often the two coins move together. On phones, the top 8 coins are shown.

Coin	BTC	ETH	BNB	XRP	SOL	TRX	HYPE	ZEC	DOGE	XMR	LEO	WBT
BTC	1	0.89	0.81	0.77	0.84	0.16	0.64	0.67	0.83	0.31	0.00	0.97
ETH	0.89	1	0.79	0.78	0.87	0.21	0.66	0.70	0.85	0.30	0.01	0.92
BNB	0.81	0.79	1	0.69	0.80	0.18	0.59	0.65	0.79	0.29	0.03	0.81
XRP	0.77	0.78	0.69	1	0.82	0.14	0.63	0.65	0.83	0.29	0.01	0.77
SOL	0.84	0.87	0.80	0.82	1	0.19	0.70	0.73	0.90	0.31	0.02	0.85
TRX	0.16	0.21	0.18	0.14	0.19	1	0.20	0.21	0.21	0.15	0.03	0.17
HYPE	0.64	0.66	0.59	0.63	0.70	0.20	1	0.64	0.70	0.31	0.03	0.64
ZEC	0.67	0.70	0.65	0.65	0.73	0.21	0.64	1	0.71	0.29	0.01	0.68
DOGE	0.83	0.85	0.79	0.83	0.90	0.21	0.70	0.71	1	0.32	0.03	0.83
XMR	0.31	0.30	0.29	0.29	0.31	0.15	0.31	0.29	0.32	1	-0.03	0.30
LEO	0.00	0.01	0.03	0.01	0.02	0.03	0.03	0.01	0.03	-0.03	1	0.00
WBT	0.97	0.92	0.81	0.77	0.85	0.17	0.64	0.68	0.83	0.30	0.00	1

Correlation of major coins with BTC and ETH

#	Coin	Price 30d	With BTC (30 days)BTC 30d	With BTC (7 days)BTC 7d	With ETH (30 days)	Beta	Annual volatility
2	ETH Ethereum	-18.42%	0.89 Very tight	0.89	—	1.18	52%
4	BNB BNB	-11.99%	0.81 Very tight	0.88	0.79	0.92	44%
6	XRP XRP	-23.07%	0.77 Tight	0.67	0.78	1.18	54%
7	SOL Solana	-25.17%	0.84 Very tight	0.81	0.87	1.37	57%
8	TRX TRON	-5.71%	0.16 Almost none	0.30	0.21	0.08	42%
10	HYPE Hyperliquid	-9.52%	0.64 Tight	0.65	0.66	1.40	74%
11	ZEC Zcash	-15.42%	0.67 Tight	0.61	0.70	2.27	114%
12	DOGE Dogecoin	-19.76%	0.83 Very tight	0.81	0.85	1.29	57%
13	XMR Monero	-2.01%	0.31 Weak	0.36	0.30	0.72	76%
14	LEO UNUS-SED-LEO	+3.10%	0.00 Almost none	-0.03	0.01	0.00	24%
16	WBT WhiteBIT Coin	-16.37%	0.97 Very tight	0.99	0.92	1.00	38%
17	LINK Chainlink	-19.18%	0.77 Tight	0.77	0.82	1.52	68%
18	ADA Cardano	-24.43%	0.81 Very tight	0.77	0.84	1.51	67%
19	XLM Stellar	-19.20%	0.72 Tight	0.67	0.73	1.24	60%
21	NEAR NEAR Protocol	-26.60%	0.66 Tight	0.60	0.71	2.19	109%
22	BCH Bitcoin Cash	-15.86%	0.65 Tight	0.63	0.66	1.38	71%
25	LTC Litecoin	-15.05%	0.72 Tight	0.72	0.74	1.24	61%
26	AVAX Avalanche	-14.62%	0.72 Tight	0.69	0.77	1.48	73%
27	UNI Uniswap	-17.40%	0.66 Tight	0.62	0.71	1.76	91%
28	CC Canton Network	-22.12%	0.53 Moderate	0.60	0.52	1.31	82%
29	SUI Sui	-20.33%	0.80 Very tight	0.73	0.83	1.70	74%
32	GRAM Gram	-19.00%	0.42 Moderate	0.19	0.45	0.81	73%
34	HBAR Hedera	-25.37%	0.66 Tight	0.69	0.69	1.29	66%
35	RAIN Rain	-57.50%	0.21 Weak	0.19	0.26	0.72	155%
38	TAO Bittensor	-17.84%	0.75 Tight	0.63	0.79	1.66	75%
39	SHIB Shiba Inu	-14.68%	0.76 Tight	0.72	0.79	1.18	56%
40	USDY Ondo U.S. Dollar Yield	+0.27%	-0.13 Almost none	-0.08	-0.11	0.00	1%
41	CRO Cronos	-17.08%	0.65 Tight	0.61	0.68	1.11	56%
42	BTW Bitway	-66.27%	0.06 Almost none	0.13	0.06	0.60	338%
43	OKB OKB	-20.17%	0.72 Tight	0.68	0.73	1.16	56%
44	QNT Quant	-18.34%	0.57 Moderate	0.64	0.59	1.74	100%
45	M MemeCore	-0.37%	0.15 Almost none	0.25	0.17	0.47	129%
46	PEPE Pepe	+12.41%	0.54 Moderate	0.47	0.56	1.74	115%
47	ENA Ethena	-28.95%	0.64 Tight	0.65	0.68	2.20	117%
49	AAVE Aave	-26.33%	0.66 Tight	0.53	0.71	1.57	79%
50	ONDO Ondo	-21.82%	0.75 Tight	0.73	0.77	1.81	85%
52	ASTER Aster	-7.00%	0.60 Tight	0.58	0.63	0.87	49%
53	PUMP Pump.Fun	-21.51%	0.66 Tight	0.64	0.69	2.35	117%
55	WLFI World Liberty Financial	-16.76%	0.21 Weak	0.25	0.21	0.33	69%
56	DOT Polkadot	-26.49%	0.62 Tight	0.67	0.64	1.49	83%
57	MORPHO Morpho Token	-15.29%	0.56 Moderate	0.73	0.61	1.29	81%
58	ICP Internet Computer	-17.65%	0.65 Tight	0.50	0.68	1.44	75%
59	HTX HTX DAO	-8.71%	0.16 Almost none	0.24	0.16	0.09	23%
60	SKY Sky	-17.67%	0.59 Moderate	0.62	0.67	1.12	62%
61	MNT Mantle	-21.77%	0.58 Moderate	0.58	0.59	0.83	52%
62	JST JUST	+5.12%	0.07 Almost none	0.18	0.08	0.07	32%
63	BGB Bitget Token	-15.04%	0.60 Tight	0.72	0.58	0.50	35%
64	WLD Worldcoin	-38.73%	0.62 Tight	0.64	0.67	1.94	107%
66	ETC Ethereum Classic	-16.79%	0.75 Tight	0.74	0.79	1.19	57%
67	ARB Arbitrum	-18.05%	0.60 Tight	0.50	0.65	1.71	97%
68	GT GateToken	-13.51%	0.30 Weak	0.26	0.31	0.51	68%
69	VVV Venice Token	-11.56%	0.56 Moderate	0.58	0.59	2.04	121%
70	KCS KuCoin Token	-9.25%	0.58 Moderate	0.65	0.59	0.76	42%
71	POL Polygon	-9.09%	0.65 Tight	0.59	0.69	1.28	65%
72	JUP Jupiter	-13.22%	0.68 Tight	0.54	0.70	1.72	86%
73	RENDER Render	-16.87%	0.71 Tight	0.58	0.74	1.85	87%
74	LIT Lighter	+7.58%	0.50 Moderate	0.45	0.53	2.07	135%
75	INJ Injective	+9.18%	0.54 Moderate	0.48	0.57	1.75	108%
77	PI Pi Network	-10.29%	0.50 Moderate	0.37	0.52	0.77	57%

How to read the numbers

Correlation (from −1 to 1) shows whether two coins tend to rise and fall at the same time. 0.8 or higher: moves almost in step with BTC — when BTC drops, this coin is unlikely to hold still. Below 0.5: the coin has its own story and its price depends little on BTC.

Beta shows how many times more volatile a coin is than BTC. Beta 1.5: when BTC rises or falls 1% in an hour, this coin typically rises or falls about 1.5%. Coins with high correlation and a large beta lose more than BTC when the market turns red.

Annual volatility is the price volatility over the past 30 days, annualized (the way funds measure it) — BTC is currently about 37%. The higher the number, the more sharply the price tends to swing; 100% means the price typically moves about ±100% around its average over a year.

Method: take the hourly average price across 22 exchanges, compute hourly returns, then the Pearson correlation over the hours where both coins have a price (30 days ≈ 720 hours; 7 days ≈ 168 hours). Unusual hourly moves caused by coin-specific news are capped so a single event does not skew the whole month. Coins with less than 20 days of data are not included. Figures are recalculated every 30 minutes.

Correlation measures the past and can change quickly when a coin has its own news. What are correlation and beta?

Crypto price correlation with Bitcoin

Tracks BTC most closely

Most independent

Decoupling from BTC

30-day correlation matrix

Correlation of major coins with BTC and ETH

How to read the numbers

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