XPL: Beta to BTC (7D)
7-day beta of XPL to BTC.
Why use it. How strongly XPL amplifies Bitcoin's moves. How to read it. Above 1 XPL 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 XPL/USD index from public exchange candles, from 25 September 2025. In the last 30 days it drew on the markets of Binance, Bitfinex, Bitstamp, Bybit, Coinbase, Kraken, KuCoin and OKX.