XRP20 vs Bitcoin
XRP20 (XRP20) and Bitcoin (BTC) compared side by side. Their daily returns move barely together (correlation 0.15 across 28 shared trading days). Both have run at a similar volatility, around 46% annualised.
- Correlation
- 0.15
XRP20 (XRP20) and Bitcoin (BTC) compared side by side. Their daily returns move barely together (correlation 0.15 across 28 shared trading days). Both have run at a similar volatility, around 46% annualised.
XRP20BTC
0.15over 28 shared trading days
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.
| Metric | XRP20 | BTC |
|---|---|---|
| Max drawdown (400d) | -26.2% | -53.0% |
| Risk-adjusted return (90d) | -0.50 | 0.51 |
| Best 30 days (past year) | — | +26.8% |
| Worst 30 days (past year) | — | -32.9% |
Relative strength over 90 days: BTC outperformed XRP20 by 16.4% — measured on the XRP20/BTC ratio, so it holds regardless of market direction.