Bitcoin Marketcap

$1.19T

Gold Marketcap

$14.49T

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

$62,737  πŸ“ˆ

+$1,762

+2.89%


S&P 500

4,999  πŸ“‰

-14.52

-0.29%


Gold

$2,384  πŸ“ˆ

+$10.13

+0.43%


Silver

$28.33  πŸ“‰

-$0.19

-0.68%


Euro

$1.0645  πŸ“‰

-$0

-0.09%


Yen

Β₯154.63  πŸ“ˆ

+Β₯0.27

+0.18%


Renminbi (CNY)

Β₯7.2387   

-Β₯0

-0.01%


Oil (WTI)

$82.66  πŸ“‰

-$0.25

-0.3%


BITCOIN STATS

Bitcoin Marketcap

$1.19T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$25.33B


Active Addresses

1.02M


Mining Reward Value (24hr)

$57.8M


GBTC Premium

293.41%


MSTR Premium

67.46%


BTC Down From ATH

14.31%


BTC Up From Cycle Low

5.67%


RATES & YIELDS

24hr change

UST 3mo

5.45%  πŸ“ˆ

+0

0%


UST 2yr

4.97%  πŸ“ˆ

+0.04

+0.81%


UST 10yr

4.67%  πŸ“ˆ

+0.04

+0.86%


UST 30yr

4.77%  πŸ“ˆ

+0.03

+0.63%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.39%  πŸ“‰

-0.04

-1.65%


Real Rate (10yr)

2.28%  πŸ“ˆ

+0.08

+3.64%


RATIOS

24hr change

Gold:BTC (marketcap)

12.20x   

-0.32

-2.57%


M2:BTC (marketcap)

17.42x   

-0.62

-3.44%


BTC:Oil (price)

763.46x   

+28.52

+3.88%


Gold:Oil (price)

28.81x   

+0.16

+0.58%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.44T  πŸ“‰

 

-1.38%


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:

+118%

+19%

+21%

2 year:

+53%

+22%

+13%

3 year:

+13%

+34%

+21%

4 year:

+805%

+41%

+77%

5 year:

+1,090%

+87%

+72%

6 year:

+638%

+78%

+87%

7 year:

+5,089%

+85%

+113%

8 year:

+14,082%

+91%

+139%

9 year:

+26,832%

+100%

+138%

10 year:

+12,618%

+85%

+167%

11 year:

+51,413%

+69%

+221%

12 year:

+1.2 million%

+45%

+265%

13 year:

+4.8 million%

+59%

+275%

14 year:

+2.1 billion%

+108%

+313%

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%

$62,736

61

1.09%

$60,000

90

1.61%

$50,000

209

3.74%

$40,000

460

8.24%

$30,000

705

12.63%

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 Nov 2019 | Parker Lewis | Price when published: $8,991 (ROI since: +598%)

Bitcoin Cannot be Banned

Filed under: topic icon macro  medium icon blogs

EXCERPT

Governments could not successfully ban the consumption of alcohol, the use of drugs, the purchase of firearms, or the ownership of gold. A government can marginally restrict access, or even make possession illegal, but it cannot make something of value demanded by a broad and disparate group of people magically go away. When the U.S. made the private ownership of gold illegal in 1933, gold did not lose its value or disappear as a monetary medium. It actually increased in value relative to the dollar, and just thirty years later, the ban was lifted. Not only does bitcoin provide a greater value proposition relative to any other good that any government has ever attempted to ban (including gold); but by its nature, it is also far harder to ban.


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