BTSE Token vs Cronos

Cronos (CRO) is 14.7× the size of BTSE Token (BTSE) by market capitalisation. Over the past 30 days, BTSE is ahead by 27.1 percentage points (BTSE +12.8% against CRO -14.2%). Their daily returns move barely together (correlation 0.02 across 56 shared trading days). CRO has been the more volatile of the two, at 86% annualised against BTSE's 68%.

Correlation: 0.02
Size ratio: 1 : 14.7
Ahead over 30 days: BTSE

BTSE TokenBTSE

$1.1100

24h: +0.84%
Market cap: $180.44M
Volume 24h: $177,490
Volatility (ann.): 68%

CronosCRO

$0.052229

24h: +2.81%
Market cap: $2.65B
Volume 24h: $5.41M
Volatility (ann.): 86%

BTSE 6.4%Share of the two combined market caps93.6% CRO

Performance

BTSECRO

7 days+0.46%-6.67%BTSE
30 days+12.81%-14.25%BTSE

Correlation

0.02over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	BTSE	CRO
Max drawdown (400d)	-27.5%	-28.4%
Risk-adjusted return (90d)	0.22	0.07

Relative strength over 90 days: BTSE outperformed CRO by 7.5% — measured on the BTSE/CRO ratio, so it holds regardless of market direction.

BTSE Token →Cronos →