TAO in plain facts
Updated 2026-11-14 (UTC) · Binance spot data
How TAO behaves versus Bitcoin
TAO has a beta of 1.49 against Bitcoin: amplifies Bitcoin's moves ~1.49× — up and down alike. In plain terms, on a day Bitcoin moves 1%, TAO has moved about 1.49% on average in the same direction. Beta describes past co-movement over the available daily history; it is not a forecast.
What TAO moves with
Over the last 90 days its daily moves tracked DOGE (0.81) and SOL (0.79) 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 TAO sits in its own history
Today's price is higher than on 9% of the days in its last 3 years on Binance — low in its range — closer to past lows than past peaks.
How volatile TAO is
Its annualised volatility over the last 90 days is 89.4%, about 2.07× Bitcoin's over the same window. Today's move: a typical day (~1.4× normal).
TAO's worst drawdown
The deepest peak-to-trough fall in this window was -79.5%, bottoming on 2026-02-11. Context: 2025–26 bear phase — a broad drawdown. This number is free on Sightglass and always will be.
Reading
TAO — a coin that amplifies Bitcoin ~1.49×; moves most closely with DOGE and SOL; currently sits in the lower zone of its 3-year range (9th pctile); more volatile than Bitcoin (~2.1×). 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.