Bless vs Bitway

Bitway (BTW) is 106.9× the size of Bless (BLESS) by market capitalisation. Over the past 30 days, BTW is ahead by 72.2 percentage points (BLESS +1.2% against BTW +73.4%). Their daily returns move loosely together (correlation 0.43 across 30 shared trading days). BTW has been the more volatile of the two, at 365% annualised against BLESS's 261%.

Correlation: 0.43
Size ratio: 1 : 106.9
Ahead over 30 days: BTW

BlessBLESS

$0.008812

24h: -3.42%
Market cap: $16.23M
Volume 24h: $1.27M
Volatility (ann.): 261%

BitwayBTW

$1.1500

24h: +12.15%
Market cap: $1.74B
Volume 24h: $6.98M
Volatility (ann.): 365%

BLESS 0.9%Share of the two combined market caps99.1% BTW

Performance

BLESSBTW

7 days+13.75%-44.93%BLESS
30 days+1.15%+73.36%BTW

Correlation

0.43over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	BLESS	BTW
Max drawdown (400d)	-32.8%	-60.7%
Risk-adjusted return (90d)	-0.06	0.43

Relative strength over 90 days: BTW outperformed BLESS by 62.8% — measured on the BLESS/BTW ratio, so it holds regardless of market direction.

Bless →Bitway →