Bitcoin Marketcap

$893B

Gold Marketcap

$10.83T

BTC Settlement Volume (24hr)

$25.82B

BTC Inflation Rate (next 1yr)

1.78%

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KEY MARKETS

24hr change

Bitcoin

$47,281  πŸ“‰

 

-16.8%


S&P 500

4,538  πŸ“‰

-32.65

-0.71%


Gold

$1,781  πŸ“ˆ

+$8.20

+0.46%


Silver

$22.53  πŸ“ˆ

+$0.18

+0.80%


Euro

$1.1313  πŸ“ˆ

+$0.00

+0.17%


Yen

Β₯112.82  πŸ“‰

-Β₯0.53

-0.47%


Renminbi (CNY)

Β₯6.3764   

+Β₯0.01

+0.08%


Oil (WTI)

$66.22  πŸ“‰

-$1.91

-2.8%


BITCOIN STATS

Bitcoin Marketcap

$893B


BTC Inflation Rate (next 1yr)

1.78%


% Supply Issued

89.95%


BTC Settlement Volume (24hr)

$25.82B


Real Exchange Volume (24hr)

$15.65B


Active Addresses

1.01M


Mining Reward Value (24hr)

$43.5M


GBTC Premium

-18.50%


MSTR Premium

8.99%


BTC Down From ATH

31.41%


BTC Up From Cycle Low

61.14%


RATES & YIELDS

24hr change

UST 3mo

0.05%  πŸ“‰

-0.01

-16.67%


UST 2yr

0.56%  πŸ“ˆ

+0.04

+7.69%


UST 10yr

1.43%  πŸ“ˆ

+0

0%


UST 30yr

1.77%  πŸ“‰

-0.01

-0.56%


Fed Funds (EFFR)

0.08%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.43%  πŸ“‰

-0.04

-1.62%


Real Rate (10yr)

-1.04%  πŸ“ˆ

-0.03

-2.97%


RATIOS

24hr change

Gold:BTC (marketcap)

12.16x   

+2.11

+21.04%


M2:BTC (marketcap)

23.75x   

+4.02

+20.36%


BTC:Oil (price)

714.16x   

-120.07

-14.39%


Gold:Oil (price)

26.90x   

+0.89

+3.40%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.65T  πŸ“ˆ

+$94.22B

+1.10%


M1 Money Supply

$20.08T  πŸ“ˆ

+$221B

+1.11%


M2 Money Supply

$21.19T  πŸ“ˆ

+$204B

+0.97%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+150%

-3%

+23%

2 year:

+551%

+21%

+46%

3 year:

+1,226%

+44%

+69%

4 year:

+275%

+41%

+73%

5 year:

+6,173%

+52%

+105%

6 year:

+12,154%

+64%

+119%

7 year:

+12,518%

+50%

+120%

8 year:

+5,059%

+45%

+151%

9 year:

+355,766%

+5%

+221%

10 year:

+1,587,845%

+2%

+260%

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

$50,000

136

2.88%

$47,291

171

3.63%

$40,000

230

4.88%

$30,000

335

7.10%

$20,000

353

7.48%

$10,000

658

13.95%

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

27 Apr 2020 | PlanB | Price when published: $7,733 (ROI since: +512%)

Bitcoin Stock-to-Flow Cross Asset Model

Filed under: topic icon valuation  medium icon blogs

EXCERPT

In this article I solidify the basis of the current S2F model by removing time and adding other assets (silver and gold) to the model. I call this new model the BTC S2F cross asset (S2FX) model. S2FX model enables valuation of different assets like silver, gold and BTC with one formula.


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