Correlation Explorer
Select up to 5 instruments and explore the correlation matrix. Select a pair to request its observed correlation history when that history is available.
Selected: btc-usd, eth-usd, sol-usd, bnb-usd, xrp-usd
Correlation Matrix
Red = -1 (inverse), White = 0, Blue = +1 (direct)
What the correlation coefficient means
The matrix displays the stored correlation coefficient for the selected instruments: +1 indicates strong same-direction co-movement, -1 indicates opposite movement, and a value near 0 indicates weak linear association. The matrix lookback belongs to the stored correlation evidence and is not claimed here when that provenance is unavailable.
Correlation is not causation
A shared driver, market regime, or chosen observation window can produce high correlation without a direct causal relationship.
Relationships change over time
Historical relationships can break when volatility, liquidity, or the macro regime changes.
Use correlations inside a research workflow · Browse markets