Bitcoin Marketcap

$1.25T

Gold Marketcap

$14.08T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$66,334  πŸ“ˆ

+$175.80

+0.27%


S&P 500

5,064  πŸ“ˆ

+59.39

+1.19%


Gold

$2,316  πŸ“ˆ

+$19.84

+0.86%


Silver

$27.11  πŸ“ˆ

+$0.28

+1.03%


Euro

$1.0687  πŸ“ˆ

+$0.00

+0.24%


Yen

Β₯154.92  πŸ“ˆ

+Β₯0.09

+0.06%


Renminbi (CNY)

Β₯7.2462   

-Β₯0

-0.01%


Oil (WTI)

$83.00  πŸ“ˆ

+$0.85

+1.03%


BITCOIN STATS

Bitcoin Marketcap

$1.25T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$19.01B


Active Addresses

1.02M


Mining Reward Value (24hr)

$60.7M


GBTC Premium

263.07%


MSTR Premium

72.45%


BTC Down From ATH

10.11%


BTC Up From Cycle Low

11.15%


RATES & YIELDS

24hr change

UST 3mo

5.42%  πŸ“‰

-0.03

-0.55%


UST 2yr

4.97%  πŸ“‰

-0.01

-0.2%


UST 10yr

4.62%  πŸ“‰

-0.02

-0.43%


UST 30yr

4.72%  πŸ“‰

-0.02

-0.42%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“‰

-0.02

-0.9%


RATIOS

24hr change

Gold:BTC (marketcap)

11.23x   

+0.07

+0.60%


M2:BTC (marketcap)

16.57x   

-0.06

-0.38%


BTC:Oil (price)

799.51x   

-4.92

-0.61%


Gold:Oil (price)

27.89x   

-0.06

-0.23%


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:

+138%

+16%

+25%

2 year:

+69%

+22%

+19%

3 year:

+34%

+30%

+22%

4 year:

+773%

+33%

+79%

5 year:

+1,185%

+80%

+72%

6 year:

+631%

+75%

+89%

7 year:

+5,100%

+83%

+112%

8 year:

+14,496%

+86%

+142%

9 year:

+29,650%

+92%

+140%

10 year:

+15,117%

+78%

+171%

11 year:

+49,851%

+58%

+220%

12 year:

+1.3 million%

+39%

+262%

13 year:

+3.1 million%

+51%

+273%

14 year:

+2.2 billion%

+98%

+326%

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%

$66,359

35

0.63%

$60,000

96

1.72%

$50,000

215

3.85%

$40,000

466

8.34%

$30,000

711

12.72%

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

8 Apr 2021 | Mike Co | Price when published: $57,012 (ROI since: +16.35%)

Bitcoin and the ghost of Weimar

Filed under: topic icon fundamentals  medium icon blogs

This blog post describes bitcoin's usefulness for people fleeing totalitarianism, touching on the author's family's personal experience fleeing Nazi Germany.

EXCERPT

If I’ve learned anything from history it’s that economic freedom, underpinned by sound money, is a keystone of civil liberty. And just as gold has provided protection from currency devaluation and censorship in the past, Bitcoin is gold upgraded for the 21st century.


Read in Full

What do you think of this piece?


MORE FROM FUNDAMENTALS

MORE OLDER CONTENT