Canton vs Bitway

Canton (CC) is 1.0× the size of Bitway (BTW) by market capitalisation. Over the past 30 days, BTW is ahead by 150.6 percentage points (CC +29.9% against BTW +180.5%). Their daily returns move loosely together (correlation 0.58 across 35 shared trading days). BTW has been the more volatile of the two, at 333% annualised against CC's 147%.

Correlation: 0.58
Size ratio: 1.0×
Ahead over 30 days: BTW

CantonCC

$0.118339

24h: -2.73%
Market cap: $4.71B
Volume 24h: $9.03M
Volatility (ann.): 147%

BitwayBTW

$1.6800

24h: +3.55%
Market cap: $4.56B
Volume 24h: $12.23M
Volatility (ann.): 333%

CC 50.8%Share of the two combined market caps49.2% BTW

Performance

CCBTW

7 days+34.33%+101.46%BTW
30 days+29.93%+180.55%BTW

Correlation

0.58over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	CC	BTW
Max drawdown (400d)	-23.3%	-23.4%
Risk-adjusted return (90d)	0.25	0.60

Relative strength over 90 days: BTW outperformed CC by 54.1% — measured on the CC/BTW ratio, so it holds regardless of market direction.

Canton →Bitway →