Bitcoin Marketcap
$1.21T
Gold Marketcap
$14.12T
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
$1.21T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$25.69B
Active Addresses
1.02M
Mining Reward Value (24hr)
$58.8M
GBTC Premium
263.07%
MSTR Premium
70.25%
BTC Down From ATH
12.90%
BTC Up From Cycle Low
7.70%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.63x
+0.44
+3.91%
M2:BTC (marketcap)
17.16x
+0.70
+4.27%
BTC:Oil (price)
773.45x
-27.5
-3.43%
Gold:Oil (price)
27.96x
+0.10
+0.37%
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:
+127%
+16%
+24%
2 year:
+66%
+23%
+20%
3 year:
+25%
+31%
+21%
4 year:
+729%
+33%
+78%
5 year:
+1,146%
+81%
+71%
6 year:
+607%
+76%
+88%
7 year:
+4,732%
+83%
+111%
8 year:
+14,027%
+86%
+141%
9 year:
+28,441%
+92%
+139%
10 year:
+14,608%
+78%
+169%
11 year:
+46,072%
+60%
+218%
12 year:
+1.3 million%
+39%
+260%
13 year:
+2.0 million%
+50%
+269%
14 year:
+2.1 billion%
+99%
+321%
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%
$64,242
51
0.91%
$60,000
97
1.74%
$50,000
216
3.86%
$40,000
467
8.35%
$30,000
712
12.74%
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
Louisiana State Legislature Passes Resolution Commending Bitcoin
The US State of Louisiana passed a resolution yesterday "To commend Bitcoin for its success in becoming the first decentralized trillion dollar asset and to encourage the state and local governments to consider ways that could help them benefit from the increased use of this new technology."
The resolution focuses on bitcoin, but makes one reference to a local 'community currency', which may be part of the legislature's underlying motivation. In any event, the resolution goes on to reference various aspects of bitcoin's design, its relationship to gold, and even specifically commends Satoshi Nakamoto:
WHEREAS, Bitcoin, which could potentially replace gold as a monetary reserve, is limited and finite and there is a maximum capacity of only twenty-one million bitcoins allowed to be produced; ... WHEREAS, not only has Bitcoin proven to be a critical tool for businesses, it has proven to be a critical tool for citizens around the world to protect themselves from currency debasement. THEREFORE, BE IT RESOLVED that the House of Representatives of the Legislature of Louisiana does hereby commend Satoshi Nakamoto for his contribution to economic security. BE IT FURTHER RESOLVED that the House of Representatives of the Legislature of Louisiana does hereby commend Bitcoin for its success in becoming the first decentralized trillion dollar asset and encourage the state and local governments to consider ways that could help them benefit from the increased use of this new technology.
tldr