Name: ByKaranteli Crypto Correlation Matrix
Creator: ByKaranteli
License: https://bykaranteli.com/data#license
Keywords: crypto correlation matrix, bitcoin correlation, pearson correlation crypto, portfolio hedging, binance perpetuals

	BTC	ETH	SOL	BNB	XRP	DOGE	ADA	AVAX	LINK	DOT	POL	NEAR	APT	ARB	SUI	INJ	TIA	1000PEPE	WIF	TRX
BTC ⌁	1.00	0.92	0.85	0.73	0.93	0.88	0.79	0.63	0.50	0.45	0.64	0.44	0.65	0.65	0.71	0.65	0.23	0.81	0.77	-0.18
ETH ⌁	0.92	1.00	0.88	0.77	0.91	0.90	0.79	0.65	0.69	0.45	0.68	0.47	0.68	0.64	0.70	0.71	0.24	0.83	0.79	-0.05
SOL ⌁	0.85	0.88	1.00	0.84	0.85	0.88	0.82	0.76	0.45	0.46	0.74	0.60	0.64	0.75	0.81	0.74	0.31	0.77	0.83	-0.04
BNB ⌁	0.73	0.77	0.84	1.00	0.73	0.83	0.76	0.58	0.42	0.46	0.70	0.64	0.53	0.65	0.80	0.56	0.20	0.77	0.78	0.07
XRP ⌁	0.93	0.91	0.85	0.73	1.00	0.90	0.81	0.60	0.55	0.48	0.71	0.46	0.69	0.64	0.69	0.63	0.24	0.78	0.78	-0.10
DOGE ⌁	0.88	0.90	0.88	0.83	0.90	1.00	0.89	0.65	0.45	0.60	0.76	0.56	0.71	0.71	0.80	0.65	0.28	0.86	0.87	0.00
ADA ⌁	0.79	0.79	0.82	0.76	0.81	0.89	1.00	0.63	0.42	0.62	0.64	0.69	0.76	0.66	0.78	0.60	0.24	0.72	0.81	0.10
AVAX ⌁	0.63	0.65	0.76	0.58	0.60	0.65	0.63	1.00	0.33	0.41	0.65	0.52	0.52	0.57	0.59	0.66	0.14	0.59	0.71	-0.02
LINK ⌁	0.50	0.69	0.45	0.42	0.55	0.45	0.42	0.33	1.00	0.13	0.34	0.16	0.43	0.20	0.30	0.35	0.03	0.47	0.38	0.14
DOT ⌁	0.45	0.45	0.46	0.46	0.48	0.60	0.62	0.41	0.13	1.00	0.58	0.58	0.70	0.70	0.65	0.40	0.30	0.47	0.66	0.12
POL ⌁	0.64	0.68	0.74	0.70	0.71	0.76	0.64	0.65	0.34	0.58	1.00	0.56	0.67	0.72	0.68	0.70	0.37	0.64	0.68	-0.19
NEAR ⌁	0.44	0.47	0.60	0.64	0.46	0.56	0.69	0.52	0.16	0.58	0.56	1.00	0.55	0.70	0.72	0.46	0.24	0.45	0.67	0.18
APT ⌁	0.65	0.68	0.64	0.53	0.69	0.71	0.76	0.52	0.43	0.70	0.67	0.55	1.00	0.65	0.72	0.67	0.48	0.68	0.67	0.01
ARB ⌁	0.65	0.64	0.75	0.65	0.64	0.71	0.66	0.57	0.20	0.70	0.72	0.70	0.65	1.00	0.77	0.69	0.39	0.60	0.70	-0.12
SUI ⌁	0.71	0.70	0.81	0.80	0.69	0.80	0.78	0.59	0.30	0.65	0.68	0.72	0.72	0.77	1.00	0.61	0.42	0.73	0.74	-0.02
INJ ⌁	0.65	0.71	0.74	0.56	0.63	0.65	0.60	0.66	0.35	0.40	0.70	0.46	0.67	0.69	0.61	1.00	0.61	0.56	0.57	-0.08
TIA ⌁	0.23	0.24	0.31	0.20	0.24	0.28	0.24	0.14	0.03	0.30	0.37	0.24	0.48	0.39	0.42	0.61	1.00	0.18	0.20	-0.01
1000PEPE ⌁	0.81	0.83	0.77	0.77	0.78	0.86	0.72	0.59	0.47	0.47	0.64	0.45	0.68	0.60	0.73	0.56	0.18	1.00	0.74	-0.10
WIF ⌁	0.77	0.79	0.83	0.78	0.78	0.87	0.81	0.71	0.38	0.66	0.68	0.67	0.67	0.70	0.74	0.57	0.20	0.74	1.00	0.12
TRX ⌁	-0.18	-0.05	-0.04	0.07	-0.10	0.00	0.10	-0.02	0.14	0.12	-0.19	0.18	0.01	-0.12	-0.02	-0.08	-0.01	-0.10	0.12	1.00

How to use the matrix

> 0.8 · moving together, essentially one bet. Don't double up.
0.4 to 0.8 · correlated, partial hedge if long + short.
-0.2 to 0.4 · largely independent, good diversification.
< -0.2 · rare in crypto; use as confirmation when it shows up.

Correlations drift over time · a 0.9 today can be 0.4 next month. Re-check before sizing. Data: Binance markPriceKlines 1d, keyless public endpoint.

Source: ByKaranteli, https://bykaranteli.com/correlations, data as of 2026-10-27 09:01 UTC

Pressure score

Composite per-symbol stress

Funding heatmap

Rate visual across symbols

Top movers

4 lenses on biggest movers

Methodology

How our engine works

Correlation Matrix

How to use the matrix

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