Bitcoin Marketcap
$1.24T
Gold Marketcap
$27.35T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.24T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$26.51B
Active Addresses
1.02M
Mining Reward Value (24hr)
$60.1M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
47.95%
BTC Up From Cycle Low
9.12%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
22.02x
+1.18
+5.68%
M2:BTC (marketcap)
18.25x
+0.83
+4.75%
BTC:Oil (price)
659.43x
-66.12
-9.11%
Gold:Oil (price)
45.15x
-1.86
-3.95%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
-21%
+47%
+14%
2 year:
-7%
+102%
+21%
3 year:
+133%
+128%
+58%
4 year:
+39%
+130%
+38%
5 year:
+13%
+165%
+61%
6 year:
+983%
+172%
+149%
7 year:
+1,505%
+247%
+122%
8 year:
+854%
+239%
+144%
9 year:
+6,251%
+261%
+169%
10 year:
+15,756%
+264%
+208%
11 year:
+26,696%
+280%
+206%
12 year:
+14,217%
+251%
+240%
13 year:
+66,599%
+182%
+306%
14 year:
+1.4 million%
+169%
+349%
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
425
6.75%
$65,705
539
8.57%
$60,000
681
10.82%
$50,000
846
13.45%
$40,000
1097
17.43%
$30,000
1342
21.33%
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
17 Sep 2020 | | Price when published: $10,947 (ROI since: +500%)
Bitcoin As An Investment (Part 2)
Filed under: 
investment 
reports
This is the 2nd in a two-part research report from Ark Invest which explores the theoretical underpinnings of bitcoin as a superior monetary technology (part 1), and the size of the investment opportunity it represents (part 2). This installment reviews bitcoin's price history and past performance, and draws on the fundamental properties of bitcoin discussed in part 1 to outline various markets bitcoin is theoretically fit to participate in, and then models bitcoin's potential valuation based on various assumptions about its medium to long-term penetration of those markets.
EXCERPT
In Part 1 of this research, we described how we believe Bitcoin, a novel economic institution, satisfies the four assurances that maximize the probability of a robust and predictable financial system. In Part 2, we explore bitcoin as an emerging asset. While many investors question its merit, in our view bitcoin is the most compelling monetary asset since gold.
Read in Full
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