Xitcoin vs Tether

Tether (USDT) is 214618.3× the size of Xitcoin (XTC) by market capitalisation. Over the past 30 days, USDT is ahead by 20.4 percentage points (XTC -20.5% against USDT -0.1%). Their daily returns move loosely together (correlation 0.43 across 28 shared trading days). XTC has been the more volatile of the two, at 134% annualised against USDT's 1%.

Correlation: 0.43
Size ratio: 1 : 214618.3
Ahead over 30 days: USDT

XitcoinXTC

$0.000158

24h: +0.10%
Market cap: $830,497
Volume 24h: $1,211
Volatility (ann.): 134%

TetherUSDT

$0.999249

24h: +0.04%
Market cap: $178.24B
Volume 24h: $59.40B
Volatility (ann.): 1%

XTC 0.0%Share of the two combined market caps100.0% USDT

Performance

XTCUSDT

7 days-3.21%+0.03%USDT
30 days-20.47%-0.08%USDT

Correlation

0.43over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	XTC	USDT
Max drawdown (400d)	-40.9%	-0.2%
Risk-adjusted return (90d)	-0.11	-0.03

Relative strength over 90 days: USDT outperformed XTC by 14.1% — measured on the XTC/USDT ratio, so it holds regardless of market direction.

Xitcoin →Tether →