Cryp2Nova

Tradfi Correlations BTC 365 Correlations BTC 365

Bitcoin

This measures the statistical correlation between Bitcoin's returns and those of traditional-finance assets.

Why it matters

It shows whether Bitcoin is moving in lockstep with equities and bonds or acting independently.

How it is built

A rolling correlation coefficient is computed between Bitcoin and a basket of tradfi assets over the window. This particular series is measured over the 365-day window.

What to watch

Low correlation supports Bitcoin's diversification value; high correlation means it trades as a risk asset vulnerable to macro shocks.

Related metrics