Bitcoin Marketcap

$884B

Gold Marketcap

$10.83T

BTC Settlement Volume (24hr)

$24.93B

BTC Inflation Rate (next 1yr)

1.78%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$46,806  📉

 

-17.95%


S&P 500

4,538  📉

-32.65

-0.71%


Gold

$1,781  📈

+$8.61

+0.49%


Silver

$22.54  📈

+$0.22

+0.99%


Euro

$1.1313  📈

+$0.00

+0.09%


Yen

¥112.81  📉

-¥0.46

-0.41%


Renminbi (CNY)

¥6.3764   

+¥0.00

+0.07%


Oil (WTI)

$66.27  📉

-$1.7

-2.5%


BITCOIN STATS

Bitcoin Marketcap

$884B


BTC Inflation Rate (next 1yr)

1.78%


% Supply Issued

89.95%


BTC Settlement Volume (24hr)

$24.93B


Real Exchange Volume (24hr)

$15.62B


Active Addresses

1.01M


Mining Reward Value (24hr)

$43.0M


GBTC Premium

-18.50%


MSTR Premium

8.99%


BTC Down From ATH

31.61%


BTC Up From Cycle Low

60.66%


RATES & YIELDS

24hr change

UST 3mo

0.05%  📉

-0.01

-16.67%


UST 2yr

0.56%  📈

+0.04

+7.69%


UST 10yr

1.43%  📈

+0

0%


UST 30yr

1.77%  📉

-0.01

-0.56%


Fed Funds (EFFR)

0.08%  📈

+0

0%


US 10yr Breakeven Inflation

2.43%  📉

-0.04

-1.62%


Real Rate (10yr)

-1.00%  📉

+0.04

+-3.85%


RATIOS

24hr change

Gold:BTC (marketcap)

12.25x   

+2.25

+22.47%


M2:BTC (marketcap)

23.97x   

+4.32

+22.01%


BTC:Oil (price)

708.80x   

-129.3

-15.43%


Gold:Oil (price)

26.89x   

+0.87

+3.36%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.65T  📈

+$94.22B

+1.10%


M1 Money Supply

$20.08T  📈

+$221B

+1.11%


M2 Money Supply

$21.19T  📈

+$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:

+549%

+21%

+46%

3 year:

+1,223%

+43%

+69%

4 year:

+274%

+41%

+73%

5 year:

+6,170%

+52%

+105%

6 year:

+12,119%

+64%

+119%

7 year:

+12,482%

+50%

+120%

8 year:

+5,044%

+45%

+151%

9 year:

+354,781%

+5%

+221%

10 year:

+1,587,084%

+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%

$46,803

183

3.88%

$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

24 Nov 2020 | Preston Pysh, Robert Breedlove | Price when published: $18,765 (ROI since: +149%)

BTC001: Bitcoin Common Misconceptions

Filed under: topic icon fundamentals  medium icon podcasts

Topics include:

- What’s the fundamental problem Bitcoin intends to solve
- What is sound money
- Governments will never allow it!?
- How is Bitcoin’s supply actually fixed?
- Central Bank game theory
- What is Bitcoin’s Number Go Up Technology?
- But the price is so volatile
- Thoughts on the Stock to Flow model


Listen Now

What do you think of this piece?


MORE FROM Preston Pysh, Robert Breedlove

MORE FROM FUNDAMENTALS