Bitcoin (BTC) vs Ethereum (ETH) Correlation 2026
Cross-crypto correlation analysis. Research-only. Not investment advice.
Last updated: Apr 7, 2026 · BTC: $71,950 · ETH: $2,200
QUICK ANSWER · AS OF Apr 7, 2026
What is the BTC vs ETH correlation in 2026?
BTC-ETH 30D correlation: 0.82 (2Y baseline: 0.9). Bitcoin at $71,950 (YTD: -16%), Ethereum at $2,200 (YTD: -35%). Regime: high.
30D Corr
0.82
2Y Baseline
0.9
BTC
$71,950
ETH
$2,200
BTC-ETH correlation has weakened from the 0.90 baseline. BTC institutional adoption (ETFs) is decoupling it from ETH. ETH faces L2 value leakage and DeFi headwinds that BTC does not share.
Bitcoin
$71,950
YTD: -16%
MCap: $1.4T
Ethereum
$2,200
YTD: -35%
MCap: $265B
30D Correlation
0.82
90D Correlation
0.78
1Y Correlation
0.80
2Y Baseline
0.90
Regime Analysis
BTC-ETH correlation has weakened from the 0.90 baseline. BTC institutional adoption (ETFs) is decoupling it from ETH. ETH faces L2 value leakage and DeFi headwinds that BTC does not share.
Crypto Market Context
BTC Dominance
58.5%
Total MCap
$2.8T
Fear & Greed
12
Extreme Fear
Divergence
32/100
ELEVATED
Crypto markets are in a deep risk-off regime with BTC dominance at 58.5% — the highest since 2019. The Fear & Greed Index has been pinned in Extreme Fear (8-14) for over a month, the longest sustained single-digit/low-teens reading since mid-2022. Capital is rotating from altcoins to BTC, compressing altcoin/BTC ratios across the board. ETH, SOL, and ADA are all underperforming BTC significantly, while BNB shows relative resilience due to Binance exchange revenue.
FAQ
What is the BTC-ETH correlation in 2026? ▾
The 30-day rolling correlation between Bitcoin and Ethereum is 0.82 as of Apr 7, 2026. The 2-year baseline is 0.9. Current regime: high correlation.
Why does the BTC-ETH correlation matter? ▾
The correlation between Bitcoin and Ethereum measures how closely these crypto assets move together. High correlation means diversification benefits are limited within crypto; low correlation signals divergent fundamentals or use cases. Changes in correlation can signal shifts in crypto capital rotation.
Is this a trading signal? ▾
No. This page provides research-only cross-crypto correlation analysis. It does not constitute investment advice.
RELATED CRYPTO CORRELATIONS
📊 Get Crypto Correlation Matrix Updates
Get weekly updates when the CCM dashboard state changes materially, plus new research on consensus fragility and market divergence. Research-only. Not trade signals.
🔒 No spam. Unsubscribe anytime. 2,000+ researchers and practitioners as of Apr 2026.
📎 Cite This Data ▾
APA 7th Edition
AhaSignals. (2026). BTC-ETH Correlation. Retrieved April 18, 2026, from https://ahasignals.com/crypto-correlation/btc-eth/
Methodology: v0.1-beta
Data as-of: Apr 7, 2026
Research purposes only. Not investment advice. All index inputs from free, public, clickable sources.
April 2026 Cross-Asset Divergence Audit
Cross-asset correlations in April 2026 are shifting as macro fragility signals intensify. This audit maps the Q2–Q3 divergence patterns across commodities, rates, and digital assets. See the full <a href="/cross-asset-correlation-dashboard/" class="underline hover:text-accent">Correlation Dashboard</a> for all April signals.
GOLD
Gold Consensus — Anchor Asset
Gold consensus dispersion in April 2026 anchors cross-asset divergence analysis. When gold analyst targets widen, cross-asset correlations typically shift.
RATES
Fed Rate Fragility — Correlation Driver
Rate expectations are the primary driver of cross-asset correlations. FRFI in April 2026 signals the stability of the current correlation regime.
CRYPTO
Bitcoin Structural Grid — Digital Divergence
BSPG tracks whether Bitcoin is diverging from or converging with traditional risk assets in April 2026.
SILVER
Silver Forecast — Industrial-Monetary Split
Silver's dual identity makes it a unique cross-asset signal. In April 2026, the industrial-monetary tension amplifies cross-asset divergence.
Last consensus audit performed on April 18, 2026. Correlation signals update with each tracker build cycle.
Research only — not investment advice. Crypto markets are volatile. Past correlation patterns do not predict future performance. © 2026 AhaSignals.