BMT in plain facts
Updated 2026-11-14 (UTC) · Binance spot data
How BMT behaves versus Bitcoin
BMT has a beta of 0.94 against Bitcoin: moves roughly 1:1 with Bitcoin (~0.94×). In plain terms, on a day Bitcoin moves 1%, BMT has moved about 0.94% on average in the same direction. Beta describes past co-movement over the available daily history; it is not a forecast.
What BMT moves with
Over the last 90 days its daily moves tracked POL (0.15) and BTC (0.13) most closely among the large coins we compare against. A correlation of 1.0 would mean they moved in lockstep; 0 would mean no relationship.
Where BMT sits in its own history
Today's price is higher than on 48% of the days in its last 2 years on Binance — around the middle of its range.
How volatile BMT is
Its annualised volatility over the last 90 days is 223.4%, about 5.18× Bitcoin's over the same window. Today's move: a calm day (0.3× its typical day).
BMT's worst drawdown
The deepest peak-to-trough fall in this window was -95.9%, bottoming on 2026-07-29. Context: an extraordinary market period (no single event matched). This number is free on Sightglass and always will be.
Reading
BMT — a coin that moves roughly 1:1 with Bitcoin; moves most closely with POL and BTC; currently sits in the mid zone of its 2-year range (48th pctile); more volatile than Bitcoin (~5.2×). Facts, not a call — the decision stays yours.
How these numbers are calculated
- Source: Binance spot daily candles (USDT pair), up to five years.
- Beta: regression slope of the coin's daily returns on Bitcoin's, over the shared history.
- Moves with: 90-day correlation of daily returns against 15 large coins.
- Historical position: share of days in the window with a lower close than today.
- Volatility: standard deviation of the last 90 daily returns, annualised (×√365).
- Worst drawdown: largest fall from a prior peak within the window.