Bitcoin Marketcap
$1.22T
Gold Marketcap
$14.53T
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
$1.22T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$34.36B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.8M
GBTC Premium
293.41%
MSTR Premium
57.01%
BTC Down From ATH
12.91%
BTC Up From Cycle Low
7.70%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.97x
-0.1
-0.81%
M2:BTC (marketcap)
17.11x
-0.26
-1.48%
BTC:Oil (price)
775.51x
+6.00
+0.78%
Gold:Oil (price)
28.87x
-0.02
-0.07%
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:
+125%
+20%
+20%
2 year:
+57%
+26%
+12%
3 year:
+17%
+34%
+20%
4 year:
+821%
+41%
+75%
5 year:
+1,108%
+87%
+71%
6 year:
+628%
+78%
+86%
7 year:
+5,098%
+86%
+109%
8 year:
+14,229%
+93%
+137%
9 year:
+27,316%
+101%
+135%
10 year:
+12,960%
+86%
+164%
11 year:
+47,615%
+69%
+218%
12 year:
+1.3 million%
+46%
+261%
13 year:
+3.8 million%
+59%
+272%
14 year:
+2.1 billion%
+109%
+309%
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%
$64,325
45
0.81%
$60,000
91
1.63%
$50,000
210
3.76%
$40,000
461
8.25%
$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
Bitcoin Mining and Renewable Grid Energy
Square Crypto and ARK Invest released a report last week evaluating the potential for bitcoin mining to spur deployment of solar and other renewables across the global energy grid. The analysis suggests that bitcoin mining can have a substantial net-positive environmental impact:
The key observation is that solar and wind are intermittent power sources, and therefore more difficult to profitably deploy at utility scale, since energy generation must always be matched with energy demand at that moment. But bitcoin mining can act as an 'energy buyer of last resort', allowing utilities to 'over build' solar and wind, and simply channel that energy into bitcoin mining when the rest of the grid is not demanding it. See the report for further detail.
tldr