ONE: Correlation to BTC (7D)

7-day correlation of ONE and BTC hourly returns.

Why use it. Shows whether ONE 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 ONE and BTC indexes. 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.