Bitcoin Marketcap

$1.26T

Gold Marketcap

$14.08T

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

$66,813  📈

+$978.72

+1.49%


S&P 500

5,048  📈

+43.77

+0.87%


Gold

$2,316  📉

-$25.56

-1.09%


Silver

$27.15  📉

-$0.27

-0.98%


Euro

$1.0697  📈

+$0.01

+0.55%


Yen

¥154.73  📉

-¥0.03

-0.02%


Renminbi (CNY)

¥7.2453   

+¥0.00

+0.02%


Oil (WTI)

$82.33  📈

+$0.06

+0.07%


BITCOIN STATS

Bitcoin Marketcap

$1.26T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$18.61B


Active Addresses

1.02M


Mining Reward Value (24hr)

$61.1M


GBTC Premium

263.07%


MSTR Premium

74.18%


BTC Down From ATH

9.31%


BTC Up From Cycle Low

12.14%


RATES & YIELDS

24hr change

UST 3mo

5.45%  📉

-0.01

-0.18%


UST 2yr

4.98%  📈

+0.05

+1.01%


UST 10yr

4.64%  📈

+0.05

+1.09%


UST 30yr

4.74%  📈

+0.03

+0.64%


Fed Funds (EFFR)

5.33%  📈

+0

0%


US 10yr Breakeven Inflation

2.41%  📈

+0

0%


Real Rate (10yr)

2.23%  📈

+0.05

+2.29%


RATIOS

24hr change

Gold:BTC (marketcap)

11.15x   

-0.29

-2.51%


M2:BTC (marketcap)

16.45x   

-0.23

-1.37%


BTC:Oil (price)

810.91x   

+9.97

+1.24%


Gold:Oil (price)

28.18x   

-0.28

-0.99%


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:

+143%

+17%

+22%

2 year:

+69%

+22%

+18%

3 year:

+32%

+31%

+21%

4 year:

+786%

+33%

+79%

5 year:

+1,198%

+80%

+72%

6 year:

+638%

+76%

+91%

7 year:

+5,187%

+83%

+111%

8 year:

+14,237%

+87%

+142%

9 year:

+29,862%

+95%

+139%

10 year:

+14,780%

+78%

+170%

11 year:

+47,529%

+59%

+219%

12 year:

+1.3 million%

+40%

+262%

13 year:

+3.1 million%

+52%

+272%

14 year:

+2.2 billion%

+98%

+325%

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%

$66,813

34

0.61%

$60,000

95

1.70%

$50,000

214

3.83%

$40,000

465

8.32%

$30,000

710

12.71%

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

Bitcoin Investment

Here are pieces making the case for bitcoin from an investment. These look at bitcoin specifically from the vantage point of an investor, going into detail on factors such as total market size, investibility, correlations, portfolio sizing, valuation models, and relevant macro & political trends.
 
Date
Title
Author(s)
Format
Pub Price

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17 Sep 2020
Yassine Elmandjra
$10,947

icon
16 Jul 2020
Lyn Alden
$9,165

icon
28 May 2020
Ronald Stöferle, Erik Townsend
$9,393

icon
29 Jan 2020
Van Eck
$9,353

icon
18 Apr 2019
Tuur Demeester
$5,265

icon
1 Mar 2019
Wences Casares
$3,843

icon
20 Feb 2019
Tuur Demeester, Tamas Blummer, Michiel Lescrauwaet
$3,967

icon
31 Oct 2018
Anthony Pompliano, Murad Mahmudov
$6,319

icon
17 Jun 2017
Wences Casares
$2,554

icon
16 Jan 2017
Chris Burniske, Adam White
$825.73

icon
15 Nov 2015
Tuur Demeester
$326.80

icon
20 Aug 2020
Phil Bonello
$11,812

Showing 19 items