Bitcoin Marketcap

$741B

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

$39,477  πŸ“ˆ

+$1,192

+3.11%


S&P 500

4,401  πŸ“‰

-10.72

-0.24%


Gold

$1,810  πŸ“‰

-$0.81

-0.04%


Silver

$25.41  πŸ“‰

-$0.11

-0.42%


Euro

$1.1836  πŸ“‰

-$0

-0.21%


Yen

Β₯109.57  πŸ“ˆ

+Β₯0.50

+0.46%


Renminbi (CNY)

Β₯6.4662   

-Β₯0

-0.06%


Oil (WTI)

$69.04  πŸ“‰

-$1.7

-2.4%


BITCOIN STATS

Bitcoin Marketcap

$741B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.40%


BTC Settlement Volume (24hr)

$8.73B


Real Exchange Volume (24hr)

$5.89B


Active Addresses

820,918


Mining Reward Value (24hr)

$36.1M


GBTC Premium

-6.63%


MSTR Premium

48.48%


BTC Down From ATH

38.99%


BTC Up From Cycle Low

35.11%


RATES & YIELDS

24hr change

UST 3mo

0.05%  πŸ“‰

-0.01

-16.67%


UST 2yr

0.17%  πŸ“‰

-0.02

-10.53%


UST 10yr

1.20%  πŸ“‰

-0.04

-3.23%


UST 30yr

1.86%  πŸ“‰

-0.03

-1.59%


Fed Funds (EFFR)

0.10%  πŸ“ˆ

+0.03

+42.86%


US 10yr Breakeven Inflation

2.38%  πŸ“ˆ

+0.01

+0.42%


Real Rate (10yr)

-1.13%  πŸ“ˆ

-0.01

-0.89%


RATIOS

24hr change

Gold:BTC (marketcap)

14.83x   

-0.5

-3.24%


M2:BTC (marketcap)

27.48x   

-0.94

-3.29%


BTC:Oil (price)

572.40x   

+31.99

+5.92%


Gold:Oil (price)

26.24x   

+0.63

+2.47%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.22T  πŸ“ˆ

+$143B

+1.77%


M1 Money Supply

$19.27T  πŸ“ˆ

+$46.40B

+0.24%


M2 Money Supply

$20.39T  πŸ“ˆ

+$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%

$39,477

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

23 Aug 2019 | Parker Lewis | Price when published: $10,254 (ROI since: +285%)

Bitcoin is Not Too Slow

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Ultimately, bitcoin is not competing with Visa for supremacy in global payments. Instead, bitcoin is competing with the dollar, euro, yen and gold as money, and any comparison to Visa, its transaction volume or transaction speed is fundamentally flawed. Bitcoin fulfills the role of currency issuer and final settlement. As a result, the proper comparison would be between bitcoin and the Fed as currency issuer and as a clearing mechanism. No one makes the mistake of confusing the functions of Visa for that of the New York Fed, but for some reason, the comparison is often made between Visa and bitcoin.


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