ONE: Beta to BTC (7D)
7-day beta of ONE to BTC.
Why use it. How strongly ONE amplifies Bitcoin's moves. How to read it. Above 1 ONE 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 ONE/USD index from public exchange candles, from 1 June 2019. In the last 30 days it drew on the markets of Binance, KuCoin and OKX.