Bloom Terminal vs Bitway

Bitway (BTW) is 139185.7× the size of Bloom Terminal (BLOOM) by market capitalisation. Over the past 30 days, BTW is ahead by 127.8 percentage points (BLOOM -59.4% against BTW +68.4%). Their daily returns move barely together (correlation 0.16 across 23 shared trading days). BTW has been the more volatile of the two, at 359% annualised against BLOOM's 283%.

Correlation: 0.16
Size ratio: 1 : 139185.7
Ahead over 30 days: BTW

Bloom TerminalBLOOM

$0.000126

24h: —
Market cap: $12,265
Volume 24h: $165
Volatility (ann.): 283%

BitwayBTW

$1.1300

24h: +8.21%
Market cap: $1.71B
Volume 24h: $5.38M
Volatility (ann.): 359%

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

Performance

BLOOMBTW

7 days-15.86%-31.25%BLOOM
30 days-59.38%+68.43%BTW

Correlation

0.16over 23 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	BLOOM	BTW
Max drawdown (400d)	-70.5%	-60.7%
Risk-adjusted return (90d)	-0.25	0.54

Relative strength over 90 days: BLOOM outperformed BTW by 20.9% — measured on the BLOOM/BTW ratio, so it holds regardless of market direction.

Bloom Terminal →Bitway →