BRETT: Correlation to BTC (7D)
Shown as its Jul–Sep 2024 sample; the latest readings and full history are included with Pro.
7-day correlation of BRETT and BTC hourly returns.
Why use it. Shows whether BRETT moves with Bitcoin. How to read it. Near 1 they move together; near 0 independently.
Calculation. Pearson correlation of hourly log returns over the last 7 days, from CryptoKeyhole's BRETT and BTC indexes. 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.