BTSE Token vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 51.2× the size of BTSE Token (BTSE) by market capitalisation. Over the past 30 days, BTSE is ahead by 19.6 percentage points (BTSE +12.8% against WBT -6.8%). Their daily returns move barely together (correlation 0.03 across 56 shared trading days). BTSE has been the more volatile of the two, at 68% annualised against WBT's 59%.

Correlation: 0.03
Size ratio: 1 : 51.2
Ahead over 30 days: BTSE

BTSE TokenBTSE

$1.1100

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

WhiteBIT CoinWBT

$77.8700

24h: +4.74%
Market cap: $9.24B
Volume 24h: $166.84M
Volatility (ann.): 59%

BTSE 1.9%Share of the two combined market caps98.1% WBT

Performance

BTSEWBT

7 days+0.46%-3.75%BTSE
30 days+12.81%-6.78%BTSE

Correlation

0.03over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	WBT
Max drawdown (400d)	-27.5%	-12.4%
Risk-adjusted return (90d)	0.22	0.62

Relative strength over 90 days: WBT outperformed BTSE by 14.6% — measured on the BTSE/WBT ratio, so it holds regardless of market direction.

BTSE Token →WhiteBIT Coin →