Block Street vs Bitway

Bitway (BTW) is 69.8× the size of Block Street (BSB) by market capitalisation. Over the past 30 days, BTW is ahead by 89.4 percentage points (BSB -16.0% against BTW +73.4%). Their daily returns move loosely together (correlation 0.40 across 32 shared trading days). BTW has been the more volatile of the two, at 365% annualised against BSB's 86%.

Correlation: 0.40
Size ratio: 1 : 69.8
Ahead over 30 days: BTW

Block StreetBSB

$0.087671

24h: +2.12%
Market cap: $22.51M
Volume 24h: $3.29M
Volatility (ann.): 86%

BitwayBTW

$1.0430

24h: -0.13%
Market cap: $1.57B
Volume 24h: $6.55M
Volatility (ann.): 365%

BSB 1.4%Share of the two combined market caps98.6% BTW

Performance

BSBBTW

7 days-10.36%-44.93%BSB
30 days-16.00%+73.36%BTW

Correlation

0.40over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	BSB	BTW
Max drawdown (400d)	-24.4%	-60.7%
Risk-adjusted return (90d)	-0.17	0.43

Relative strength over 90 days: BTW outperformed BSB by 61.1% — measured on the BSB/BTW ratio, so it holds regardless of market direction.

Block Street →Bitway →