Bitcoin Marketcap

$734B

Gold Marketcap

$11.01T

BTC Settlement Volume (24hr)

$8.73B

BTC Inflation Rate (next 1yr)

1.79%

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KEY MARKETS

24hr change

Bitcoin

$39,096  πŸ“ˆ

+$599.87

+1.56%


S&P 500

4,405  πŸ“‰

-5.91

-0.13%


Gold

$1,811  πŸ“ˆ

-$0.05

-0%


Silver

$25.54  πŸ“ˆ

+$0.08

+0.30%


Euro

$1.1894  πŸ“ˆ

+$0.00

+0.26%


Yen

Β₯108.76  πŸ“‰

-Β₯0.15

-0.14%


Renminbi (CNY)

Β₯6.4564   

-Β₯0.01

-0.14%


Oil (WTI)

$69.16  πŸ“‰

-$0.88

-1.26%


BITCOIN STATS

Bitcoin Marketcap

$734B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.40%


BTC Settlement Volume (24hr)

$8.73B


Real Exchange Volume (24hr)

$5.15B


Active Addresses

820,918


Mining Reward Value (24hr)

$35.8M


GBTC Premium

-6.63%


MSTR Premium

45.37%


BTC Down From ATH

39.66%


BTC Up From Cycle Low

33.61%


RATES & YIELDS

24hr change

UST 3mo

0.05%  πŸ“‰

-0.01

-16.67%


UST 2yr

0.19%  πŸ“‰

-0.01

-5%


UST 10yr

1.24%  πŸ“‰

-0.04

-3.13%


UST 30yr

1.89%  πŸ“‰

-0.02

-1.05%


Fed Funds (EFFR)

0.10%  πŸ“ˆ

+0.03

+42.86%


US 10yr Breakeven Inflation

2.38%  πŸ“ˆ

+0.01

+0.42%


Real Rate (10yr)

-1.13%  πŸ“ˆ

-0.01

-0.89%


RATIOS

24hr change

Gold:BTC (marketcap)

15.00x   

-0.24

-1.54%


M2:BTC (marketcap)

27.83x   

-0.36

-1.26%


BTC:Oil (price)

565.30x   

+15.60

+2.84%


Gold:Oil (price)

26.18x   

+0.33

+1.27%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.22T  πŸ“ˆ

+$143B

+1.77%


M1 Money Supply

$19.27T  πŸ“ˆ

+$46.40B

+0.24%


M2 Money Supply

$20.39T  πŸ“ˆ

+$18.80B

+0.09%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+249%

-11%

+34%

2 year:

+242%

+22%

+53%

3 year:

+459%

+48%

+55%

4 year:

+1,173%

+43%

+78%

5 year:

+6,677%

+36%

+102%

6 year:

+13,918%

+66%

+111%

7 year:

+6,585%

+38%

+130%

8 year:

+39,811%

+41%

+159%

9 year:

+359,564%

+12%

+215%

10 year:

+522,515%

+10%

+267%

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

109

2.37%

$39,096

117

2.55%

$30,000

213

4.64%

$20,000

231

5.03%

$10,000

536

11.66%

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

10 Jan 2014 | Dan McArdle | Price when published: $839.14 (ROI since: +4,559%)

[Re-Running] Bitcoin Fair value: A First Assessment

Filed under: topic icon valuation  medium icon blogs

This is one of the earliest pieces attempting to quantitatively value bitcoin based on its key properties: medium of exchange, and store of value. Using this framework, the piece arrives at a fair-value of $27,381 "in order to support 10% of common medium-of-exchange economic activity, plus well under 10% of existing common store-of-value demand".

EXCERPT

Bitcoin as Medium of Exchange value table



Bitcoin as Store of Value table


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