NXPC: Correlation to BTC (7D)
7-day correlation of NXPC and BTC hourly returns.
Why use it. Shows whether NXPC 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 NXPC and BTC indexes. CryptoKeyhole's own hourly NXPC/USD index from public exchange candles, from 15 May 2025. In the last 30 days it drew on the markets of Binance, Bybit and KuCoin.