Table 3

Static connectedness table

namesBTCDashETHXMRLTCBTGMKRXRPGoldFTSECAC40FTSE MIBDAX30NikkeiSP/TSXS&P500From
BTC0.3690.1220.2790.1680.0040.0050.0110.0030.0020.0060.0030.0030.0030.0060.0080.0080.631
Dash0.1400.3850.1440.2180.0020.0140.0140.0060.0060.0090.0070.0100.0090.0160.0130.0080.615
ETH0.2810.1160.3690.1480.0060.0030.0120.0040.0050.0100.0050.0050.0060.0130.0090.0090.631
XMR0.1710.2010.1550.3620.0040.0090.0090.0090.0050.0100.0070.0090.0080.0220.0100.0090.638
LTC0.0040.0050.0060.0110.7560.0140.0080.0150.0020.0310.0360.0320.0280.0200.0230.0090.244
BTG0.0150.0450.0180.0050.0110.7880.0480.0160.0060.0050.0070.0040.0050.0100.0130.0050.212
MKR0.0200.0790.0240.0120.0090.2340.5280.0070.0090.0110.0150.0110.0110.0120.0170.0020.472
XRP0.0320.0200.0270.0290.0220.0250.0230.7670.0120.0040.0070.0110.0060.0050.0060.0050.233
Gold0.0140.0080.0160.0090.0040.0050.0130.0080.6790.0360.0420.0340.0430.0320.0440.0130.321
FTSE0.0150.0080.0180.0090.0040.0020.0020.0040.0070.2230.1740.1600.1590.0470.1540.0130.777
CAC400.0160.0070.0200.0080.0050.0020.0020.0030.0040.1610.2040.1820.1850.0490.1330.0180.796
FTSEMIB0.0220.0100.0290.0120.0060.0030.0030.0050.0060.1460.1800.2260.1690.0410.1340.0090.774
DAX300.0150.0060.0190.0070.0060.0010.0020.0030.0080.1550.1950.1790.2110.0500.1300.0130.789
NIKKEI0.0130.0090.0120.0100.0060.0020.0030.0040.0070.1180.1360.1130.1380.3310.0820.0170.669
SP/TSX0.0300.0150.0330.0180.0040.0050.0030.0040.0070.1460.1460.1660.1340.0350.2400.0160.760
S&P5000.0280.0100.0320.0130.0060.0030.0020.0030.0050.1360.1450.1670.1370.0500.1860.0770.923
To0.8130.6610.8310.6760.0970.3270.1550.0930.0920.9841.1051.0881.0410.4070.9620.1540.593
Net0.1820.0460.2000.038−0.1470.115−0.317−0.140−0.2300.2070.3080.3140.252−0.2620.201−0.769

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