Bitcoin Marketcap

$742B

Gold Marketcap

$11.01T

BTC Settlement Volume (24hr)

$8.73B

BTC Inflation Rate (next 1yr)

1.79%

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KEY MARKETS

24hr change

Bitcoin

$39,501  📈

+$1,066

+2.77%


S&P 500

4,402  📉

-9.31

-0.21%


Gold

$1,811  📈

+$0.18

+0.01%


Silver

$25.44  📉

-$0.08

-0.3%


Euro

$1.1836  📉

-$0

-0.21%


Yen

¥109.57  📈

+¥0.50

+0.46%


Renminbi (CNY)

¥6.4663   

-¥0

-0.06%


Oil (WTI)

$68.70  📉

-$1.91

-2.7%


BITCOIN STATS

Bitcoin Marketcap

$742B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.40%


BTC Settlement Volume (24hr)

$8.73B


Real Exchange Volume (24hr)

$6.01B


Active Addresses

820,918


Mining Reward Value (24hr)

$36.2M


GBTC Premium

-6.63%


MSTR Premium

48.07%


BTC Down From ATH

38.88%


BTC Up From Cycle Low

35.11%


RATES & YIELDS

24hr change

UST 3mo

0.05%  📉

-0.01

-16.67%


UST 2yr

0.17%  📉

-0.02

-10.53%


UST 10yr

1.20%  📉

-0.04

-3.23%


UST 30yr

1.86%  📉

-0.03

-1.59%


Fed Funds (EFFR)

0.10%  📈

+0.03

+42.86%


US 10yr Breakeven Inflation

2.38%  📈

+0.01

+0.42%


Real Rate (10yr)

-1.13%  📈

-0.01

-0.89%


RATIOS

24hr change

Gold:BTC (marketcap)

14.85x   

-0.41

-2.69%


M2:BTC (marketcap)

27.50x   

-0.75

-2.66%


BTC:Oil (price)

574.88x   

+30.23

+5.55%


Gold:Oil (price)

26.35x   

+0.71

+2.76%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.22T  📈

+$143B

+1.77%


M1 Money Supply

$19.27T  📈

+$46.40B

+0.24%


M2 Money Supply

$20.39T  📈

+$18.80B

+0.09%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+251%

-11%

+33%

2 year:

+247%

+22%

+53%

3 year:

+466%

+48%

+55%

4 year:

+1,189%

+43%

+78%

5 year:

+6,756%

+35%

+102%

6 year:

+14,106%

+66%

+110%

7 year:

+6,675%

+38%

+129%

8 year:

+40,344%

+41%

+159%

9 year:

+364,368%

+12%

+215%

10 year:

+528,714%

+10%

+267%

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

$40,000

109

2.37%

$39,500

110

2.39%

$30,000

213

4.64%

$20,000

231

5.03%

$10,000

536

11.66%

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

16 Jan 2017 | Chris Burniske, Adam White | Price when published: $825.73 (ROI since: +4,684%)

Bitcoin - Ringing the Bell For a New Asset Class

Filed under: topic icon investment  medium icon reports

EXCERPT

Building upon Greer’s work, ARK Invest and Coinbase have defined four distinct characteristics that
delineate the boundaries among traditional asset classes:
| Investability
| Politico-Economic Features
| Correlation of Returns: Price Independence
| Risk-Reward Profile
...
By analyzing bitcoin’s behavior in the context of these four criteria, ARK Invest and Coinbase aim to unearth its merit as a bellwether for the cryptocurrency asset class. That said, cryptocurrency as an asset class cannot be proven as unique without observing its behavior relative to traditional asset classes: equities, bonds, precious metals, real estate, energy commodities, and fiat currencies.


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