Bitcoin Marketcap

$706B

Gold Marketcap

$10.89T

BTC Settlement Volume (24hr)

$11.27B

BTC Inflation Rate (next 1yr)

1.79%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$37,642  📉

 

-4.32%


S&P 500

4,228  📈

+11.02

+0.26%


Gold

$1,791  📉

-$16.52

-0.91%


Silver

$26.43  📉

-$0.3

-1.13%


Euro

$1.1915  📉

-$0

-0.3%


Yen

¥110.04  📉

-¥0.53

-0.48%


Renminbi (CNY)

¥6.4422   

+¥0.01

+0.21%


Oil (WTI)

$70.79  📉

-$1.33

-1.84%


BITCOIN STATS

Bitcoin Marketcap

$706B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.22%


BTC Settlement Volume (24hr)

$11.27B


Real Exchange Volume (24hr)

$7.21B


Active Addresses

865,333


Mining Reward Value (24hr)

$34.6M


GBTC Premium

-11.89%


MSTR Premium

46.38%


BTC Down From ATH

41.74%


BTC Up From Cycle Low

10.56%


RATES & YIELDS

24hr change

UST 3mo

0.04%  📈

+0.01

+33.33%


UST 2yr

0.21%  📈

+0.05

+31.25%


UST 10yr

1.57%  📈

+0.06

+3.97%


UST 30yr

2.20%  📈

+0

0%


Fed Funds (EFFR)

0.06%  📈

+0

0%


US 10yr Breakeven Inflation

2.27%  📉

-0.05

-2.16%


Real Rate (10yr)

-0.75%  📉

+0.12

+-13.79%


RATIOS

24hr change

Gold:BTC (marketcap)

15.44x   

+0.52

+3.52%


M2:BTC (marketcap)

28.49x   

+1.20

+4.39%


BTC:Oil (price)

531.74x   

-13.57

-2.49%


Gold:Oil (price)

25.30x   

+0.24

+0.94%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.06T  📈

+$141B

+1.78%


M1 Money Supply

$18.94T  📈

+$252B

+1.35%


M2 Money Supply

$20.11T  📈

+$212B

+1.07%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+301%

+3%

+36%

2 year:

+301%

+30%

+43%

3 year:

+459%

+40%

+53%

4 year:

+1,378%

+44%

+73%

5 year:

+4,894%

+39%

+104%

6 year:

+15,363%

+49%

+100%

7 year:

+6,309%

+36%

+115%

8 year:

+36,158%

+36%

+166%

9 year:

+565,439%

+11%

+212%

10 year:

+222,440%

+16%

+229%

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

$40,000

105

2.31%

$37,642

120

2.64%

$30,000

167

3.67%

$20,000

184

4.05%

$10,000

489

10.75%

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

Bitcoin Investment & Valuation

Here are pieces making the case for bitcoin from an investment and valuation perspective. 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
20 Aug 2020
Phil Bonello
$11,816

icon
16 Jul 2020
Lyn Alden
$9,165

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

icon
29 Jan 2020
Van Eck
$9,353

icon
29 Dec 2019
Hass McCook
$7,352

icon
18 Apr 2019
Tuur Demeester
$5,265

icon
1 Mar 2019
Wences Casares
$3,843

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

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

icon
17 Jun 2017
Wences Casares
$2,554

icon
16 Jan 2017
Adam White, Chris Burniske
$825.73

icon
15 Nov 2015
Tuur Demeester
$326.80

Showing 24 items