Bitcoin Marketcap

$1.23T

Gold Marketcap

$14.45T

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

$65,088  📈

+$2,619

+4.19%


S&P 500

5,003  📉

-10.52

-0.21%


Gold

$2,378  📉

-$6.05

-0.25%


Silver

$28.23  📉

-$0.26

-0.93%


Euro

$1.0652  📉

-$0

-0.22%


Yen

¥154.56  📈

+¥0.10

+0.07%


Renminbi (CNY)

¥7.2411   

+¥0.00

+0.04%


Oil (WTI)

$82.01  📈

+$0.29

+0.35%


BITCOIN STATS

Bitcoin Marketcap

$1.23T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$35.06B


Active Addresses

1.02M


Mining Reward Value (24hr)

$59.5M


GBTC Premium

293.41%


MSTR Premium

64.09%


BTC Down From ATH

11.95%


BTC Up From Cycle Low

8.88%


RATES & YIELDS

24hr change

UST 3mo

5.45%  📈

+0

0%


UST 2yr

4.97%  📈

+0.04

+0.81%


UST 10yr

4.67%  📈

+0.04

+0.86%


UST 30yr

4.77%  📈

+0.03

+0.63%


Fed Funds (EFFR)

5.33%  📈

+0

0%


US 10yr Breakeven Inflation

2.40%  📈

+0.01

+0.42%


Real Rate (10yr)

2.28%  📈

+0.08

+3.64%


RATIOS

24hr change

Gold:BTC (marketcap)

11.75x   

-0.53

-4.29%


M2:BTC (marketcap)

16.89x   

-0.72

-4.09%


BTC:Oil (price)

793.66x   

+29.23

+3.82%


Gold:Oil (price)

28.99x   

-0.19

-0.66%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  📉

 

-1.45%


M1 Money Supply

$17.94T  📉

 

-0.25%


M2 Money Supply

$20.78T  📈

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+128%

+19%

+21%

2 year:

+59%

+25%

+13%

3 year:

+18%

+33%

+20%

4 year:

+832%

+40%

+77%

5 year:

+1,122%

+86%

+72%

6 year:

+636%

+77%

+87%

7 year:

+5,156%

+85%

+111%

8 year:

+14,388%

+92%

+139%

9 year:

+27,621%

+100%

+137%

10 year:

+13,156%

+85%

+167%

11 year:

+48,146%

+68%

+221%

12 year:

+1.3 million%

+45%

+264%

13 year:

+3.8 million%

+58%

+275%

14 year:

+2.2 billion%

+107%

+312%

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%

$65,088

41

0.73%

$60,000

91

1.63%

$50,000

210

3.76%

$40,000

461

8.26%

$30,000

706

12.64%

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 2020 | Nic Carter | Price when published: $11,660 (ROI since: +458%)

Don’t Fear the Reaper - Concerns about Bitcoin’s long-term supply credibility are overblown

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

The thing that we call ‘Bitcoin’ cannot suffer an alteration to its supply schedule, because the supply schedule is intrinsic to the protocol, asset, and system. It’s one of the very few features that Satoshi clearly stipulated and encoded in the original design with no ambiguity. And in the eyes of the broader community, the 21m cap is perceived as inherent.
...
There’s simply no ambiguity on the question of whether the supply is essential to Bitcoin. Bitcoin’s supply schedule cannot change, because Bitcoin is the supply schedule. Any alteration produces something that is decidedly non-Bitcoin.


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