Bitcoin Marketcap

$740B

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

$39,380  📈

+$1,262

+3.31%


S&P 500

4,401  📉

-10.47

-0.24%


Gold

$1,811  📉

-$0.71

-0.04%


Silver

$25.41  📉

-$0.11

-0.42%


Euro

$1.1836  📉

-$0

-0.21%


Yen

¥109.57  📈

+¥0.50

+0.46%


Renminbi (CNY)

¥6.4662   

-¥0

-0.06%


Oil (WTI)

$69.16  📉

-$1.57

-2.22%


BITCOIN STATS

Bitcoin Marketcap

$740B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.40%


BTC Settlement Volume (24hr)

$8.73B


Real Exchange Volume (24hr)

$5.89B


Active Addresses

820,918


Mining Reward Value (24hr)

$36.1M


GBTC Premium

-6.63%


MSTR Premium

47.03%


BTC Down From ATH

39.08%


BTC Up From Cycle Low

34.97%


RATES & YIELDS

24hr change

UST 3mo

0.05%  📉

-0.01

-16.67%


UST 2yr

0.17%  📉

-0.02

-10.53%


UST 10yr

1.20%  📉

-0.04

-3.23%


UST 30yr

1.86%  📉

-0.03

-1.59%


Fed Funds (EFFR)

0.10%  📈

+0.03

+42.86%


US 10yr Breakeven Inflation

2.38%  📈

+0.01

+0.42%


Real Rate (10yr)

-1.13%  📈

-0.01

-0.89%


RATIOS

24hr change

Gold:BTC (marketcap)

14.88x   

-0.51

-3.32%


M2:BTC (marketcap)

27.55x   

-0.91

-3.2%


BTC:Oil (price)

569.66x   

+30.88

+5.73%


Gold:Oil (price)

26.35x   

+0.74

+2.90%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.22T  📈

+$143B

+1.77%


M1 Money Supply

$19.27T  📈

+$46.40B

+0.24%


M2 Money Supply

$20.39T  📈

+$18.80B

+0.09%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+251%

-12%

+33%

2 year:

+245%

+22%

+53%

3 year:

+463%

+48%

+55%

4 year:

+1,183%

+42%

+78%

5 year:

+6,719%

+35%

+102%

6 year:

+14,013%

+66%

+110%

7 year:

+6,631%

+38%

+129%

8 year:

+40,081%

+41%

+158%

9 year:

+361,997%

+12%

+214%

10 year:

+526,280%

+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%

$39,379

112

2.44%

$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

29 Dec 2019 | Nic Carter | Price when published: $7,352 (ROI since: +436%)

The cat is out of the bag - Bitcoin is everyone's problem now

Filed under: topic icon macro  medium icon blogs

EXCERPT

Bitcoin is first and foremost a monetary phenomenon. The social climbers and false prophets who proclaimed it is a payments revolution have either come around or been repudiated by the market and washed out, embittered. Most who understood it that way are now moving on to new things. The world did not need another Paypal. The world needed a new monetary institution.


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