Leading crypto assets exhibit correlation range of 0.82 to 0.90 over twelve months
A review of daily market data highlights strong price alignment across Bitcoin, Ethereum, Solana, and XRP over the past year.
A review of twelve months of price data shows that the four largest cryptocurrencies moved in close lockstep, with daily correlation metrics falling between 0.82 and 0.90. As a result, spreading holdings across Bitcoin, Ethereum, Solana, and XRP did not provide four independent risk profiles.
The article explains that portfolio outcomes are shaped primarily by asset weighting, overall wealth allocation, and time horizons. While market capitalisation is commonly used to determine weightings, it leads to a heavily skewed balance.
CoinGecko data from October 2 valued the overall crypto sector at approximately 2,559 billion euros, with Bitcoin holding 58.75 percent, Ethereum 11.29 percent, XRP 3.20 percent, and Solana 2.41 percent. Among these four coins, which together accounted for about 1,936 billion euros, Bitcoin comprised 77.7 percent of their aggregate value, Ethereum 14.9 percent, XRP 4.2 percent, and Solana 3.2 percent.
These two are not the same thing, and one does not produce the other. The left is how this single article reads, from its tone alone. The right is the site’s own call on the asset, from indicators and analysis. Press tone feeds no score and no signal: on the only corpus this site has measured, daily tone tracked the move that had already happened and showed no measurable link with what followed.
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