Market Movers
Top Gainers (24h)
| # | Coin | Price | 24h | MCap |
|---|---|---|---|---|
Top Losers (24h)
| # | Coin | Price | 24h | MCap |
|---|---|---|---|---|
Volume Spikes (vol/mcap)
| # | Coin | Price | Vol/MC | MCap |
|---|---|---|---|---|
Correlation Matrix & Relative Strength Analysis
Pearson ρ > 0.70 only · static 30d sample · architecture ready for rolling windows
Correlation Heatmap
| BTC | ETH | SOL | XRP | ADA | XMR | |
|---|---|---|---|---|---|---|
| BTC | 1.00 | 0.94 | 0.86 | 0.84 | 0.77 | 0.41 |
| ETH | 0.94 | 1.00 | 0.84 | 0.83 | 0.76 | 0.38 |
| SOL | 0.86 | 0.84 | 1.00 | 0.91 | 0.91 | 0.35 |
| XRP | 0.84 | 0.83 | 0.91 | 1.00 | 0.91 | 0.33 |
| ADA | 0.77 | 0.76 | 0.91 | 0.91 | 1.00 | 0.31 |
| XMR | 0.41 | 0.38 | 0.35 | 0.33 | 0.31 | 1.00 |
Scale:0.90–1.000.80–0.890.70–0.790.50–0.69<0.50
Correlation Score Gauge
ρ ≥ 0.90Extremely High
0.80 – 0.89High
0.70 – 0.79Moderate
< 0.70Ignore
Correlation Leaders
BTC ↔ ETH
Extremely High
ρ = 0.94
Equivalent to Visa–Mastercard in equities.
SOL ↔ XRP
Extremely High
ρ = 0.91
Layer-1 / payments leaders moving in lockstep.
SOL ↔ ADA
Extremely High
ρ = 0.91
High-beta alt rotation mirrors itself.
Correlation Clusters
Market Leaders
BTCETH
Avg ρ: 0.94
Bitcoin and Ethereum form the core macro factor of crypto markets.
High Beta Altcoins
SOLXRPADA
Avg ρ: 0.90
These assets tend to amplify moves in Bitcoin and Ethereum.
Independent Assets
XMR
Monero frequently decouples from broad market sentiment.
Relative Value Opportunities
| Pair | Correlation | Trade Type | Signal |
|---|---|---|---|
| BTC / ETH | 0.94 | Mean Reversion | Long ETH / Short BTC |
| SOL / XRP | 0.91 | Statistical Arbitrage | Monitor Spread |
| SOL / ADA | 0.91 | Mean Reversion | Watch Divergence |
Market Insight
Holding BTC, ETH, SOL, XRP, and ADA does not provide substantial diversification. These assets are highly correlated and effectively represent a single macro risk factor. During market stress, correlations tend to converge toward 1.0, causing simultaneous drawdowns.