BTC / AVAX
Bitcoin and Avalanche correlation 0.43
Bitcoin and Avalanche correlation is 0.43 over 90 crypto closes, including weekends, ending 2026-10-23. The link is real and loose. A hedge helps, it does not cancel the book.
- 90-close correlation
- 0.43
- 30-close correlation
- 0.60
- Observations
- 90
- As of
- 2026-10-23
- BTC vol
- 36.8%
- AVAX vol
- 80.8%
- Calendar
- crypto closes, including weekends
- 30-close count
- 30
The 30-close correlation is 0.60 against 0.43 over 90 closes. The pair tightened. Both names trade seven days a week. The window includes weekends.
BTC 90-close vol is 36.8%. AVAX is 80.8%. A 50/50 book of the two annualized vols would have realized about 51.1%, against 58.8% if you averaged the two vols with no diversification.
How to read this print
- Read the 90-close correlation for BTC and AVAX.
- Compare it with the 30-close print to see if the pair tightened or broke.
- Use the two realized vols to judge whether a 50/50 mix actually diversifies.
- Open the correlation matrix if you want the whole book, not one pair.
FAQ
People also ask
0.43 over 90 crypto closes, including weekends, ending 2026-10-23. The link is real and loose. A hedge helps, it does not cancel the book.
The 30-close correlation is 0.60 against 0.43 over 90 closes. The pair tightened.
Using the 90-close vols and this correlation, a 50/50 book would have realized about 51.1%. Compare that with holding either name alone.
This print uses crypto closes, including weekends and log-return correlation on the aligned window. A site that uses weekly returns, a different session calendar, or a longer sample will not match it. The method is on this page.
Related
Bitcoin volatility
90-close vol 36.8%.
Avalanche volatility
90-close vol 80.8%.
Correlation matrix
The full book, not just this pair.
Risk parity optimizer
Weights that stop the higher-vol name from owning the book.
Diversification ratio
How much of the standalone vol a mix actually cancels.
BTC and ETH
Another pair in the same universe.
BTC and SOL
Another pair in the same universe.
BTC and XRP
Another pair in the same universe.
BTC and BNB
Another pair in the same universe.
A correlation is not a hedge until you hold both.
This page is the market path. Thrive is the book you actually held, so you can see whether the hedge was real.