NIGHT: Beta to BTC (7D)

7-day beta of NIGHT to BTC.

Why use it. How strongly NIGHT amplifies Bitcoin's moves. How to read it. Above 1 NIGHT 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 NIGHT/USD index from public exchange candles, from 9 December 2025. In the last 30 days it drew on the markets of Binance, Bybit, Kraken, KuCoin and OKX.