Bitcoin Marketcap

$1.21T

Gold Marketcap

$14.23T

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

$64,080  πŸ“‰

-$617.04

-0.95%


S&P 500

5,100  πŸ“ˆ

+13.82

+0.27%


Gold

$2,340  πŸ“ˆ

+$6.51

+0.28%


Silver

$27.30  πŸ“‰

-$0.05

-0.2%


Euro

$1.0700  πŸ“‰

-$0

-0.24%


Yen

Β₯157.75  πŸ“ˆ

+Β₯2.20

+1.41%


Renminbi (CNY)

Β₯7.2464   

+Β₯0.01

+0.09%


Oil (WTI)

$83.74  πŸ“ˆ

+$0.14

+0.17%


BITCOIN STATS

Bitcoin Marketcap

$1.21T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$20.72B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.6M


GBTC Premium

263.07%


MSTR Premium

71.16%


BTC Down From ATH

13.30%


BTC Up From Cycle Low

7.21%


RATES & YIELDS

24hr change

UST 3mo

5.46%  πŸ“ˆ

+0.01

+0.18%


UST 2yr

4.89%  πŸ“ˆ

+0.03

+0.62%


UST 10yr

4.65%  πŸ“ˆ

+0.04

+0.87%


UST 30yr

4.78%  πŸ“ˆ

+0.05

+1.06%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.42%  πŸ“ˆ

+0.01

+0.41%


Real Rate (10yr)

2.23%  πŸ“ˆ

+0.03

+1.36%


RATIOS

24hr change

Gold:BTC (marketcap)

11.74x   

+0.14

+1.23%


M2:BTC (marketcap)

17.20x   

+0.17

+0.99%


BTC:Oil (price)

764.73x   

-9.61

-1.24%


Gold:Oil (price)

27.95x   

+0.04

+0.14%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.40T  πŸ“‰

 

-1.1%


M1 Money Supply

$18.00T  πŸ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  πŸ“ˆ

+$57.60B

+0.28%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+121%

+18%

+23%

2 year:

+62%

+24%

+21%

3 year:

+17%

+32%

+22%

4 year:

+723%

+35%

+77%

5 year:

+1,142%

+82%

+73%

6 year:

+601%

+77%

+91%

7 year:

+4,696%

+85%

+113%

8 year:

+14,020%

+86%

+146%

9 year:

+27,597%

+93%

+143%

10 year:

+14,178%

+81%

+172%

11 year:

+45,261%

+59%

+219%

12 year:

+1.3 million%

+41%

+264%

13 year:

+2.0 million%

+51%

+274%

14 year:

+2.1 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%

$64,079

53

0.95%

$60,000

98

1.75%

$50,000

217

3.88%

$40,000

468

8.37%

$30,000

713

12.75%

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

31 Mar 2012 | cypherdoc | Price when published: $4.88 (ROI since: +1,313,453%)

Bitcoin vs. Metals

Filed under: topic icon fundamentals  medium icon articles

In one of the earliest pieces explicitly laying out the case for bitcoin as a potential replacement for gold, cypherdoc describes his personal path to realizing the power of bitcoin's properties and what that implies for bitcoin vs gold, as well as bitcoin vs fiat.

EXCERPT

I see Bitcoin as The People’s Money. It preserves privacy, not secrecy. Bitcoin represents the marriage of technology and gold. In fact, I will go so far as to say it is Digital Gold and could easily be used as an international reserve currency much like the metal itself was used until 1971 before Nixon took the world off the Gold Standard.

Why was Bitcoin invented? It was invented as a poison dart targeted directly at the heart of the problem; fiat currency debasement.


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