Bitcoin (BTC) is 19.4× the size of XRP (XRP) by market capitalisation. Over the past 1 year, BTC is ahead by 17.4 percentage points (BTC -27.3% against XRP -44.7%). Their daily returns move very closely together (correlation 0.86 across 399 shared trading days). XRP has been the more volatile of the two, at 65% annualised against BTC's 44%.
BTCXRP
0.86over 399 shared trading days
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.
| Metric | BTC | XRP |
|---|---|---|
| Max drawdown (400d) | -53.0% | -67.3% |
| Risk-adjusted return (90d) | 0.51 | 0.29 |
| Best 30 days (past year) | +26.8% | +41.9% |
| Worst 30 days (past year) | -32.9% | -47.3% |
Relative strength over 90 days: XRP outperformed BTC by 0.3% — measured on the BTC/XRP ratio, so it holds regardless of market direction.