• bitcoinBitcoin (BTC) $ 97,620.00
  • ethereumEthereum (ETH) $ 3,611.06
  • tetherTether (USDT) $ 0.999668
  • xrpXRP (XRP) $ 2.35
  • solanaSolana (SOL) $ 213.98
  • bnbBNB (BNB) $ 707.51
  • dogecoinDogecoin (DOGE) $ 0.383543
  • usd-coinUSDC (USDC) $ 0.999894
  • cardanoCardano (ADA) $ 1.08
  • staked-etherLido Staked Ether (STETH) $ 3,609.01
  • tronTRON (TRX) $ 0.263007
  • avalanche-2Avalanche (AVAX) $ 41.66
  • suiSui (SUI) $ 5.19
  • wrapped-stethWrapped stETH (WSTETH) $ 4,283.93
  • chainlinkChainlink (LINK) $ 23.11
  • the-open-networkToncoin (TON) $ 5.68
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • stellarStellar (XLM) $ 0.439033
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,508.00
  • hedera-hashgraphHedera (HBAR) $ 0.300678
  • polkadotPolkadot (DOT) $ 7.56
  • wethWETH (WETH) $ 3,610.13
  • bitcoin-cashBitcoin Cash (BCH) $ 468.99
  • uniswapUniswap (UNI) $ 15.02
  • pepePepe (PEPE) $ 0.000021
  • litecoinLitecoin (LTC) $ 111.70
  • leo-tokenLEO Token (LEO) $ 9.11
  • hyperliquidHyperliquid (HYPE) $ 24.74
  • bitget-tokenBitget Token (BGB) $ 6.04
  • wrapped-eethWrapped eETH (WEETH) $ 3,812.87
  • nearNEAR Protocol (NEAR) $ 5.70
  • ethena-usdeEthena USDe (USDE) $ 0.998231
  • usdsUSDS (USDS) $ 1.00
  • internet-computerInternet Computer (ICP) $ 11.97
  • aptosAptos (APT) $ 9.83
  • aaveAave (AAVE) $ 344.19
  • mantleMantle (MNT) $ 1.37
  • bittensorBittensor (TAO) $ 555.09
  • crypto-com-chainCronos (CRO) $ 0.160416
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.513637
  • ethereum-classicEthereum Classic (ETC) $ 27.81
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 4.16
  • render-tokenRender (RENDER) $ 8.01
  • vechainVeChain (VET) $ 0.050261
  • ethenaEthena (ENA) $ 1.27
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.47
  • arbitrumArbitrum (ARB) $ 0.894395
  • mantra-daoMANTRA (OM) $ 3.89
  • tokenize-xchangeTokenize Xchange (TKX) $ 45.41
  • moneroMonero (XMR) $ 196.70
  • whitebitWhiteBIT Coin (WBT) $ 24.94
  • filecoinFilecoin (FIL) $ 5.61
  • daiDai (DAI) $ 0.999387
  • algorandAlgorand (ALGO) $ 0.400435
  • kaspaKaspa (KAS) $ 0.124932
  • okbOKB (OKB) $ 50.14
  • cosmosCosmos Hub (ATOM) $ 7.26
  • optimismOptimism (OP) $ 2.07
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.042454
  • sonic-3Sonic (S) $ 0.837620
  • bonkBonk (BONK) $ 0.000035
  • celestiaCelestia (TIA) $ 5.45
  • blockstackStacks (STX) $ 1.72
  • immutable-xImmutable (IMX) $ 1.45
  • theta-tokenTheta Network (THETA) $ 2.43
  • movementMovement (MOVE) $ 1.05
  • fantomFantom (FTM) $ 0.835778
  • the-graphThe Graph (GRT) $ 0.236851
  • injective-protocolInjective (INJ) $ 23.02
  • gatechain-tokenGate (GT) $ 17.86
  • ondo-financeOndo (ONDO) $ 1.54
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,612.23
  • dogwifcoindogwifhat (WIF) $ 2.12
  • ai16zai16z (AI16Z) $ 1.86
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997504
  • worldcoin-wldWorldcoin (WLD) $ 2.35
  • sei-networkSei (SEI) $ 0.458347
  • flokiFLOKI (FLOKI) $ 0.000197
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,048.29
  • jasmycoinJasmyCoin (JASMY) $ 0.037987
  • lido-daoLido DAO (LDO) $ 2.04
  • usual-usdUsual USD (USD0) $ 0.999992
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,728.06
  • galaGALA (GALA) $ 0.041216
  • thorchainTHORChain (RUNE) $ 5.08
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,610.00
  • raydiumRaydium (RAY) $ 5.64
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,799.97
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,699.00
  • the-sandboxThe Sandbox (SAND) $ 0.634431
  • fasttokenFasttoken (FTN) $ 3.54
  • flare-networksFlare (FLR) $ 0.027309
  • beam-2Beam (BEAM) $ 0.028290
  • based-brettBrett (BRETT) $ 0.150349
  • tezosTezos (XTZ) $ 1.44
  • makerMaker (MKR) $ 1,574.10
  • pyth-networkPyth Network (PYTH) $ 0.388514
  • binance-staked-solBinance Staked SOL (BNSOL) $ 219.00
  • nexoNEXO (NEXO) $ 1.38
  • kucoin-sharesKuCoin (KCS) $ 11.05
  • eosEOS (EOS) $ 0.891678
  • xdce-crowd-saleXDC Network (XDC) $ 0.089477
  • fartcoinFartcoin (FARTCOIN) $ 1.33
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,357.00
  • curve-dao-tokenCurve DAO (CRV) $ 1.03
  • kaiaKaia (KAIA) $ 0.222008
  • iotaIOTA (IOTA) $ 0.359077
  • jupiter-exchange-solanaJupiter (JUP) $ 0.951167
  • arweaveArweave (AR) $ 19.21
  • starknetStarknet (STRK) $ 0.517414
  • flowFlow (FLOW) $ 0.787505
  • spx6900SPX6900 (SPX) $ 1.31
  • ethereum-name-serviceEthereum Name Service (ENS) $ 36.60
  • aioz-networkAIOZ Network (AIOZ) $ 1.04
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,724.01
  • msolMarinade Staked SOL (MSOL) $ 267.99
  • heliumHelium (HNT) $ 6.61
  • dydx-chaindYdX (DYDX) $ 1.58
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 56.44
  • aerodrome-financeAerodrome Finance (AERO) $ 1.52
  • coredaoorgCore (CORE) $ 1.19
  • neoNEO (NEO) $ 15.78
  • bio-protocolBio Protocol (BIO) $ 0.689634
  • axie-infinityAxie Infinity (AXS) $ 6.92
  • mog-coinMog Coin (MOG) $ 0.000003
  • elrond-erd-2MultiversX (EGLD) $ 37.60
  • susdssUSDS (SUSDS) $ 1.02
  • decentralandDecentraland (MANA) $ 0.542614
  • matic-networkPolygon (MATIC) $ 0.513160
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.383449
  • dexeDeXe (DEXE) $ 17.10
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,339.00
  • apecoinApeCoin (APE) $ 1.33
  • zcashZcash (ZEC) $ 57.99
  • reserve-rights-tokenReserve Rights (RSR) $ 0.016754
  • wbnbWrapped BNB (WBNB) $ 707.92
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,594.08
  • jito-governance-tokenJito (JTO) $ 3.12
  • wormholeWormhole (W) $ 0.306707
  • echelon-primeEchelon Prime (PRIME) $ 16.01
  • eigenlayerEigenlayer (EIGEN) $ 4.02
  • popcatPopcat (POPCAT) $ 0.863408
  • pendlePendle (PENDLE) $ 5.29
  • chilizChiliz (CHZ) $ 0.091378
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,416.00
  • conflux-tokenConflux (CFX) $ 0.175988
  • akash-networkAkash Network (AKT) $ 3.36
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,611.19
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.77
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 228.83
  • gigachad-2Gigachad (GIGA) $ 0.084654
  • mina-protocolMina Protocol (MINA) $ 0.647315
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,610.26
  • zksyncZKsync (ZK) $ 0.207717
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.761517
  • roninRonin (RON) $ 2.00
  • usddUSDD (USDD) $ 0.995739
  • grassGrass (GRASS) $ 3.05
  • gnosisGnosis (GNO) $ 285.82
  • havvenSynthetix Network (SNX) $ 2.16
  • ecasheCash (XEC) $ 0.000037
  • compound-governance-tokenCompound (COMP) $ 82.58
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.007292
  • dydxdYdX (ETHDYDX) $ 1.58
  • superfarmSuperVerse (SUPER) $ 1.57
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,802.10
  • notcoinNotcoin (NOT) $ 0.006727
  • turboTurbo (TURBO) $ 0.009979
  • amp-tokenAmp (AMP) $ 0.007991
  • axelarAxelar (AXL) $ 0.733593
  • tether-goldTether Gold (XAUT) $ 2,635.39
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,406.00
  • fraxFrax (FRAX) $ 0.996056
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000116
  • layerzeroLayerZero (ZRO) $ 5.63
  • livepeerLivepeer (LPT) $ 16.33
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,921.53
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006800
  • ordinalsORDI (ORDI) $ 28.65
  • kavaKava (KAVA) $ 0.555079
  • oasis-networkOasis (ROSE) $ 0.088659
  • 1inch1inch (1INCH) $ 0.425152
  • nervos-networkNervos Network (CKB) $ 0.012723
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999243
  • blurBlur (BLUR) $ 0.271371
  • kusamaKusama (KSM) $ 35.78
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.560413
  • safeSafe (SAFE) $ 1.06
  • morphoMorpho (MORPHO) $ 3.43
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • beldexBeldex (BDX) $ 0.078819
  • arkhamArkham (ARKM) $ 1.63
  • aixbtaixbt by Virtuals (AIXBT) $ 0.536947
  • apenftAPENFT (NFT) $ 0.00000054
  • frax-etherFrax Ether (FRXETH) $ 3,592.99
  • pax-goldPAX Gold (PAXG) $ 2,644.69
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,489.00
  • vanaVana (VANA) $ 17.15
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.26
  • bitcoinBitcoin (BTC) $ 97,620.00
  • ethereumEthereum (ETH) $ 3,611.06
  • tetherTether (USDT) $ 0.999668
  • xrpXRP (XRP) $ 2.35
  • solanaSolana (SOL) $ 213.98
  • bnbBNB (BNB) $ 707.51
  • dogecoinDogecoin (DOGE) $ 0.383543
  • usd-coinUSDC (USDC) $ 0.999894
  • cardanoCardano (ADA) $ 1.08
  • staked-etherLido Staked Ether (STETH) $ 3,609.01
  • tronTRON (TRX) $ 0.263007
  • avalanche-2Avalanche (AVAX) $ 41.66
  • suiSui (SUI) $ 5.19
  • wrapped-stethWrapped stETH (WSTETH) $ 4,283.93
  • chainlinkChainlink (LINK) $ 23.11
  • the-open-networkToncoin (TON) $ 5.68
  • shiba-inuShiba Inu (SHIB) $ 0.000024
  • stellarStellar (XLM) $ 0.439033
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,508.00
  • hedera-hashgraphHedera (HBAR) $ 0.300678
  • polkadotPolkadot (DOT) $ 7.56
  • wethWETH (WETH) $ 3,610.13
  • bitcoin-cashBitcoin Cash (BCH) $ 468.99
  • uniswapUniswap (UNI) $ 15.02
  • pepePepe (PEPE) $ 0.000021
  • litecoinLitecoin (LTC) $ 111.70
  • leo-tokenLEO Token (LEO) $ 9.11
  • hyperliquidHyperliquid (HYPE) $ 24.74
  • bitget-tokenBitget Token (BGB) $ 6.04
  • wrapped-eethWrapped eETH (WEETH) $ 3,812.87
  • nearNEAR Protocol (NEAR) $ 5.70
  • ethena-usdeEthena USDe (USDE) $ 0.998231
  • usdsUSDS (USDS) $ 1.00
  • internet-computerInternet Computer (ICP) $ 11.97
  • aptosAptos (APT) $ 9.83
  • aaveAave (AAVE) $ 344.19
  • mantleMantle (MNT) $ 1.37
  • bittensorBittensor (TAO) $ 555.09
  • crypto-com-chainCronos (CRO) $ 0.160416
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.513637
  • ethereum-classicEthereum Classic (ETC) $ 27.81
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 4.16
  • render-tokenRender (RENDER) $ 8.01
  • vechainVeChain (VET) $ 0.050261
  • ethenaEthena (ENA) $ 1.27
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.47
  • arbitrumArbitrum (ARB) $ 0.894395
  • mantra-daoMANTRA (OM) $ 3.89
  • tokenize-xchangeTokenize Xchange (TKX) $ 45.41
  • moneroMonero (XMR) $ 196.70
  • whitebitWhiteBIT Coin (WBT) $ 24.94
  • filecoinFilecoin (FIL) $ 5.61
  • daiDai (DAI) $ 0.999387
  • algorandAlgorand (ALGO) $ 0.400435
  • kaspaKaspa (KAS) $ 0.124932
  • okbOKB (OKB) $ 50.14
  • cosmosCosmos Hub (ATOM) $ 7.26
  • optimismOptimism (OP) $ 2.07
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.042454
  • sonic-3Sonic (S) $ 0.837620
  • bonkBonk (BONK) $ 0.000035
  • celestiaCelestia (TIA) $ 5.45
  • blockstackStacks (STX) $ 1.72
  • immutable-xImmutable (IMX) $ 1.45
  • theta-tokenTheta Network (THETA) $ 2.43
  • movementMovement (MOVE) $ 1.05
  • fantomFantom (FTM) $ 0.835778
  • the-graphThe Graph (GRT) $ 0.236851
  • injective-protocolInjective (INJ) $ 23.02
  • gatechain-tokenGate (GT) $ 17.86
  • ondo-financeOndo (ONDO) $ 1.54
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,612.23
  • dogwifcoindogwifhat (WIF) $ 2.12
  • ai16zai16z (AI16Z) $ 1.86
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997504
  • worldcoin-wldWorldcoin (WLD) $ 2.35
  • sei-networkSei (SEI) $ 0.458347
  • flokiFLOKI (FLOKI) $ 0.000197
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,048.29
  • jasmycoinJasmyCoin (JASMY) $ 0.037987
  • lido-daoLido DAO (LDO) $ 2.04
  • usual-usdUsual USD (USD0) $ 0.999992
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,728.06
  • galaGALA (GALA) $ 0.041216
  • thorchainTHORChain (RUNE) $ 5.08
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 97,610.00
  • raydiumRaydium (RAY) $ 5.64
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,799.97
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 97,699.00
  • the-sandboxThe Sandbox (SAND) $ 0.634431
  • fasttokenFasttoken (FTN) $ 3.54
  • flare-networksFlare (FLR) $ 0.027309
  • beam-2Beam (BEAM) $ 0.028290
  • based-brettBrett (BRETT) $ 0.150349
  • tezosTezos (XTZ) $ 1.44
  • makerMaker (MKR) $ 1,574.10
  • pyth-networkPyth Network (PYTH) $ 0.388514
  • binance-staked-solBinance Staked SOL (BNSOL) $ 219.00
  • nexoNEXO (NEXO) $ 1.38
  • kucoin-sharesKuCoin (KCS) $ 11.05
  • eosEOS (EOS) $ 0.891678
  • xdce-crowd-saleXDC Network (XDC) $ 0.089477
  • fartcoinFartcoin (FARTCOIN) $ 1.33
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 97,357.00
  • curve-dao-tokenCurve DAO (CRV) $ 1.03
  • kaiaKaia (KAIA) $ 0.222008
  • iotaIOTA (IOTA) $ 0.359077
  • jupiter-exchange-solanaJupiter (JUP) $ 0.951167
  • arweaveArweave (AR) $ 19.21
  • starknetStarknet (STRK) $ 0.517414
  • flowFlow (FLOW) $ 0.787505
  • spx6900SPX6900 (SPX) $ 1.31
  • ethereum-name-serviceEthereum Name Service (ENS) $ 36.60
  • aioz-networkAIOZ Network (AIOZ) $ 1.04
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,724.01
  • msolMarinade Staked SOL (MSOL) $ 267.99
  • heliumHelium (HNT) $ 6.61
  • dydx-chaindYdX (DYDX) $ 1.58
  • bittorrentBitTorrent (BTT) $ 0.000001
  • bitcoin-svBitcoin SV (BSV) $ 56.44
  • aerodrome-financeAerodrome Finance (AERO) $ 1.52
  • coredaoorgCore (CORE) $ 1.19
  • neoNEO (NEO) $ 15.78
  • bio-protocolBio Protocol (BIO) $ 0.689634
  • axie-infinityAxie Infinity (AXS) $ 6.92
  • mog-coinMog Coin (MOG) $ 0.000003
  • elrond-erd-2MultiversX (EGLD) $ 37.60
  • susdssUSDS (SUSDS) $ 1.02
  • decentralandDecentraland (MANA) $ 0.542614
  • matic-networkPolygon (MATIC) $ 0.513160
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.383449
  • dexeDeXe (DEXE) $ 17.10
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,339.00
  • apecoinApeCoin (APE) $ 1.33
  • zcashZcash (ZEC) $ 57.99
  • reserve-rights-tokenReserve Rights (RSR) $ 0.016754
  • wbnbWrapped BNB (WBNB) $ 707.92
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,594.08
  • jito-governance-tokenJito (JTO) $ 3.12
  • wormholeWormhole (W) $ 0.306707
  • echelon-primeEchelon Prime (PRIME) $ 16.01
  • eigenlayerEigenlayer (EIGEN) $ 4.02
  • popcatPopcat (POPCAT) $ 0.863408
  • pendlePendle (PENDLE) $ 5.29
  • chilizChiliz (CHZ) $ 0.091378
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,416.00
  • conflux-tokenConflux (CFX) $ 0.175988
  • akash-networkAkash Network (AKT) $ 3.36
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,611.19
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.77
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 228.83
  • gigachad-2Gigachad (GIGA) $ 0.084654
  • mina-protocolMina Protocol (MINA) $ 0.647315
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,610.26
  • zksyncZKsync (ZK) $ 0.207717
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.761517
  • roninRonin (RON) $ 2.00
  • usddUSDD (USDD) $ 0.995739
  • grassGrass (GRASS) $ 3.05
  • gnosisGnosis (GNO) $ 285.82
  • havvenSynthetix Network (SNX) $ 2.16
  • ecasheCash (XEC) $ 0.000037
  • compound-governance-tokenCompound (COMP) $ 82.58
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.007292
  • dydxdYdX (ETHDYDX) $ 1.58
  • superfarmSuperVerse (SUPER) $ 1.57
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,802.10
  • notcoinNotcoin (NOT) $ 0.006727
  • turboTurbo (TURBO) $ 0.009979
  • amp-tokenAmp (AMP) $ 0.007991
  • axelarAxelar (AXL) $ 0.733593
  • tether-goldTether Gold (XAUT) $ 2,635.39
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,406.00
  • fraxFrax (FRAX) $ 0.996056
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000116
  • layerzeroLayerZero (ZRO) $ 5.63
  • livepeerLivepeer (LPT) $ 16.33
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,921.53
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006800
  • ordinalsORDI (ORDI) $ 28.65
  • kavaKava (KAVA) $ 0.555079
  • oasis-networkOasis (ROSE) $ 0.088659
  • 1inch1inch (1INCH) $ 0.425152
  • nervos-networkNervos Network (CKB) $ 0.012723
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999243
  • blurBlur (BLUR) $ 0.271371
  • kusamaKusama (KSM) $ 35.78
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.560413
  • safeSafe (SAFE) $ 1.06
  • morphoMorpho (MORPHO) $ 3.43
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • beldexBeldex (BDX) $ 0.078819
  • arkhamArkham (ARKM) $ 1.63
  • aixbtaixbt by Virtuals (AIXBT) $ 0.536947
  • apenftAPENFT (NFT) $ 0.00000054
  • frax-etherFrax Ether (FRXETH) $ 3,592.99
  • pax-goldPAX Gold (PAXG) $ 2,644.69
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 97,489.00
  • vanaVana (VANA) $ 17.15
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.26

Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

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Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

A declining correlation between bitcoin (BTC) and equities is rejuvenating the case for investors to include the asset in a more diversified portfolio, crypto market research firm K33 noted in a report.

BTC’s 30-day price correlation with the tech-heavy NASDAQ index fell to 0.26, its lowest level since December 2021, according to K33 data. BTC’s correlation with the S&P 500 index also plummeted last month to levels not seen since late 2021.

Bitcoin, the largest cryptocurrency by market capitalization, has lured investors over the years as an asset whose price moves independently from other investment classes, most prominently from equities, making it convenient as part of a diversified portfolio.

The narrative, however, changed last year, as the digital asset market nosedived from all-time highs in tandem with stock markets. Crypto’s correlation with traditional markets rose to new highs as central banks globally jacked up interest rates at the fastest pace in decades to combat rampant inflation. The monetary hawkishness knocked down the price of rate-sensitive, risky assets such as stocks and cryptocurrencies.

“A perverse focus on growth and wide mania across the financial markets enabled the high correlations,” K33 wrote in the report. “Now conditions have calmed. Hence, BTC may again resume acting as a solid diversifier.”

BTC as portfolio diversifier

K33 found that a small allocation to BTC improves the performance of a traditional investment portfolio.

A portfolio with 3% weight in BTC, 58.5% in stocks and 38.5% in bonds has outperformed the classic 60% equities, 40% bonds investment over the years. Even when it’s measured from January 2018, near when cryptocurrency prices rose topped out and entered a grueling bear market, the portfolio that included BTC would have outperformed by 6.9%, according to K33.

“While the considerable price fluctuations may disincentivize investors, a time-tested strategy of active disciplined rebalancing and a minor allocation to BTC has proven to improve the overall risk profile of a traditional portfolio,” K33 wrote.

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