Bitcoin Marketcap
$1.75T
Gold Marketcap
$27.21T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.75T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$32.25B
Active Addresses
1.02M
Mining Reward Value (24hr)
$84.9M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
26.53%
BTC Up From Cycle Low
14.83%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
15.55x
+0.35
+2.32%
M2:BTC (marketcap)
12.76x
+0.20
+1.58%
BTC:Oil (price)
1,640x
+24.76
+1.53%
Gold:Oil (price)
79.52x
+3.24
+4.25%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
-6%
+70%
+17%
2 year:
+100%
+121%
+46%
3 year:
+434%
+140%
+80%
4 year:
+123%
+150%
+48%
5 year:
+133%
+143%
+83%
6 year:
+1,061%
+188%
+112%
7 year:
+2,332%
+248%
+168%
8 year:
+534%
+241%
+152%
9 year:
+10,166%
+279%
+205%
10 year:
+20,674%
+308%
+260%
11 year:
+32,520%
+270%
+237%
12 year:
+10,543%
+263%
+276%
13 year:
+662,796%
+169%
+371%
14 year:
+1.4 million%
+174%
+436%
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
$100,000
165
2.66%
$92,524
243
3.91%
$90,000
269
4.33%
$80,000
352
5.67%
$50,000
766
12.33%
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
2 Mar 2021 | | Price when published: $49,055 (ROI since: +88.61%)
Fidelity - Understanding Bitcoin
Filed under: 
fundamentals 
reports
Mr Timmer looks at macro considerations broadly, taking a historical approach to analyzing the effectiveness of various inflation hedge assets. The 12-page report looks at bitcoin's potential within this framework, starting with its fundamental properties, supply and demand drivers, and recent growth and validation as an asset class.
Topics covered include:
- About bitcoin: Prospects, prospectors, and portfolio managers
- Bitcoin Stock to Flow
- Metcalfe's Law
- Gold and bitcoin as a store of value
- BTC Valuation
- Equities as an inflation hedge
- Asset classes over time
EXCERPT
Among an increasing number of investors and portfolio managers, bitcoin is considered a legitimate and distinct asset class, and some may wish to consider bitcoin, alongside other alternatives, as one component of the bond side of a 60/40 portfolio.
...
In my view, bitcoin has gone mainstream, already considered a legitimate asset class by more and more investors. I think bitcoin has both a compelling supply dynamic (S2F) and demand dynamic (Metcalfe’s Law). At close to $900 billion, bitcoin is still just a fraction of gold’s total global value of roughly $11 trillion, not to mention total global financial assets of $160 trillion.
Read in Full
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