Loading market view
Loading market view
Loading correlations
BTC vs FJob OpeningsBitcoin (BTC) vs Job Openings
Correlation
of % moves
+43%
In sync
of periods
64%
History
monthsmonths · through 2026-03
23
These move in the same direction about 64% of the time
Their swing sizes loosely line up (~18% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
63.6%
Headline metric
Movement correlation(i)
+43%
Based on % moves
95% CI
+1% → +72%
Likely range of correlation
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
304
Normalized
730
304
Prepared
25
304
Aligned
23
23
Invalid removed
R²(i)
18.4%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
23
Limited
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -12 to 12 months.
Selected shift
No shift
Correlation at this shift
+43%
No shift — both series at their actual dates.
22 overlapping points at this shift
Baseline
+43%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+43%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
-11%
7 periods · Return correlation when both series rose
Both Falling
+45%
7 periods · Return correlation when both series fell
Diverging
-40%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
283
A: 2 / B: 281
Series A
Bitcoin (BTC)
BTC
Crypto · 730 raw → 25 prepared
Series B
Job Openings
JTSJOL
FRED · 304 raw → 304 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.1567
Linear regression slope.
Intercept
-0.0059
Linear regression intercept.
Saved 3 weeks ago · ID: crypto-btc_fred-jtsjol_monthly_5y