Bitcoin Marketcap

$1.22T

Gold Marketcap

$14.56T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$64,404  πŸ“ˆ

+$1,532

+2.44%


S&P 500

4,972  πŸ“‰

-31.15

-0.62%


Gold

$2,395  πŸ“ˆ

+$14.49

+0.61%


Silver

$28.62  πŸ“ˆ

+$0.33

+1.17%


Euro

$1.0655  πŸ“ˆ

+$0.00

+0.10%


Yen

Β₯154.58  πŸ“‰

-Β₯0.05

-0.03%


Renminbi (CNY)

Β₯7.2403   

+Β₯0.00

+0.02%


Oil (WTI)

$82.94  πŸ“ˆ

+$0.43

+0.52%


BITCOIN STATS

Bitcoin Marketcap

$1.22T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$34.67B


Active Addresses

1.02M


Mining Reward Value (24hr)

$59.0M


GBTC Premium

293.41%


MSTR Premium

59.09%


BTC Down From ATH

12.77%


BTC Up From Cycle Low

7.88%


RATES & YIELDS

24hr change

UST 3mo

5.45%  πŸ“ˆ

+0

0%


UST 2yr

4.93%  πŸ“‰

-0.04

-0.8%


UST 10yr

4.59%  πŸ“‰

-0.08

-1.71%


UST 30yr

4.71%  πŸ“‰

-0.06

-1.26%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.40%  πŸ“ˆ

+0.01

+0.42%


Real Rate (10yr)

2.19%  πŸ“‰

-0.09

-3.95%


RATIOS

24hr change

Gold:BTC (marketcap)

11.96x   

-0.23

-1.92%


M2:BTC (marketcap)

17.06x   

-0.47

-2.71%


BTC:Oil (price)

776.95x   

+17.09

+2.25%


Gold:Oil (price)

28.78x   

-0.07

-0.25%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  πŸ“‰

 

-1.45%


M1 Money Supply

$17.94T  πŸ“‰

 

-0.25%


M2 Money Supply

$20.78T  πŸ“ˆ

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+126%

+20%

+21%

2 year:

+57%

+26%

+12%

3 year:

+16%

+34%

+20%

4 year:

+820%

+41%

+76%

5 year:

+1,112%

+88%

+71%

6 year:

+626%

+78%

+86%

7 year:

+5,089%

+86%

+110%

8 year:

+14,204%

+93%

+137%

9 year:

+27,269%

+101%

+136%

10 year:

+13,013%

+86%

+165%

11 year:

+47,532%

+69%

+219%

12 year:

+1.3 million%

+46%

+263%

13 year:

+3.7 million%

+60%

+273%

14 year:

+2.1 billion%

+109%

+310%

https://casebitcoin.com

Data Source: Messari.io, bitcoincharts.com

What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.

Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.

BTC DAYS ABOVE PRICE

Bitcoin Price Closing History by Level

Days Bitcoin Closed Above:

Price

Days Above

% of Bitcoin's Life

$70,000

10

0.18%

$64,404

44

0.79%

$60,000

91

1.63%

$50,000

210

3.76%

$40,000

461

8.25%

$30,000

706

12.64%

Data Sources: Messari.io, bitcoincharts.com

What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.

Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.

SHARPE 5yr

DOUBLING TIME

THE BITCOIN LIBRARY

13 Nov 2020 | Ria Bhutoria | Price when published: $16,288 (ROI since: +295%)

Addressing Persisting Bitcoin Criticisms

Filed under: topic icon fundamentals  medium icon blogs

In this piece, Ria Bhutoria - Director of Research at Fidelity Digital Assets - addresses six common criticisms of bitcoin that repeatedly come up in their conversations:

Criticisms Addressed:
- Bitcoin is too volatile to be a store of value.
- Bitcoin has failed as a means of payment.
- Bitcoin is wasteful.
- Bitcoin is used for illicit activity.
- Bitcoin is not backed by anything.
- Bitcoin will be replaced by a competitor.


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