Bitway vs Canton

Canton (CC) is 1.0× the size of Bitway (BTW) by market capitalisation. Over the past 30 days, BTW is ahead by 150.6 percentage points (BTW +180.5% against CC +29.9%). Their daily returns move loosely together (correlation 0.58 across 35 shared trading days). BTW has been the more volatile of the two, at 333% annualised against CC's 147%.

Correlation: 0.58
Size ratio: 1 : 1.0
Ahead over 30 days: BTW

BitwayBTW

$1.7800

24h: +7.22%
Market cap: $4.82B
Volume 24h: $67.06M
Volatility (ann.): 333%

CantonCC

$0.121470

24h: -3.22%
Market cap: $4.84B
Volume 24h: $17.58M
Volatility (ann.): 147%

BTW 49.9%Share of the two combined market caps50.1% CC

Performance

BTWCC

7 days+101.46%+34.33%BTW
30 days+180.55%+29.93%BTW

Correlation

0.58over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	BTW	CC
Max drawdown (400d)	-23.4%	-23.3%
Risk-adjusted return (90d)	0.60	0.25

Relative strength over 90 days: BTW outperformed CC by 118.0% — measured on the BTW/CC ratio, so it holds regardless of market direction.

Bitway →Canton →