BRETT: Beta to BTC (7D)
Shown as its Jul–Sep 2024 sample; the latest readings and full history are included with Pro.
7-day beta of BRETT to BTC.
Why use it. How strongly BRETT amplifies Bitcoin's moves. How to read it. Above 1 BRETT moves more than BTC.
Calculation. Covariance of hourly log returns with BTC / variance of BTC returns, over the last 7 days. CryptoKeyhole's own hourly BRETT/USD index from public exchange candles, from 18 April 2024. In the last 30 days it drew on the markets of Bybit and KuCoin.