bDollar vs Bitway

bDollar (BDO) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 52.8 percentage points (BDO -7.4% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.16 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against BDO's 39%.

Correlation: -0.16
Ahead over 30 days: BTW

bDollarBDO

$0.001054

24h: +0.08%
Market cap: —
Volume 24h: $212
Volatility (ann.): 39%

BitwayBTW

$1.0040

24h: +2.69%
Market cap: $1.51B
Volume 24h: $5.44M
Volatility (ann.): 362%

BDO 0.0%Share of the two combined market caps100.0% BTW

Performance

BDOBTW

7 days-4.38%-40.12%BDO
30 days-7.35%+45.45%BTW

Correlation

-0.16over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	BDO	BTW
Max drawdown (400d)	-10.7%	-60.7%
Risk-adjusted return (90d)	-0.16	0.48

Relative strength over 90 days: BDO outperformed BTW by 62.1% — measured on the BDO/BTW ratio, so it holds regardless of market direction.

bDollar →Bitway →