Degree Crypto vs Bitway

Bitway (BTW) is 2151.6× the size of Degree Crypto (DCT) by market capitalisation. Over the past 30 days, BTW is ahead by 79.2 percentage points (DCT -5.8% against BTW +73.4%). Their daily returns move closely together (correlation 0.64 across 20 shared trading days). BTW has been the more volatile of the two, at 365% annualised against DCT's 178%.

Correlation: 0.64
Size ratio: 1 : 2151.6
Ahead over 30 days: BTW

Degree CryptoDCT

$1.0610

24h: —
Market cap: $771,313
Volume 24h: —
Volatility (ann.): 178%

BitwayBTW

$1.1000

24h: +11.57%
Market cap: $1.66B
Volume 24h: $5.86M
Volatility (ann.): 365%

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

Performance

DCTBTW

7 days-5.00%-44.93%DCT
30 days-5.84%+73.36%BTW

Correlation

0.64over 20 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	DCT	BTW
Max drawdown (400d)	-19.4%	-60.7%
Risk-adjusted return (90d)	-0.03	0.43

Relative strength over 90 days: BTW outperformed DCT by 67.6% — measured on the DCT/BTW ratio, so it holds regardless of market direction.

Degree Crypto →Bitway →