Bitcoin Marketcap

$1.21T

Gold Marketcap

$14.14T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$63,904  ๐Ÿ“‰

 

-3.73%


S&P 500

5,036  ๐Ÿ“‰

-27.64

-0.55%


Gold

$2,326  ๐Ÿ“ˆ

+$11.58

+0.50%


Silver

$27.37  ๐Ÿ“ˆ

+$0.26

+0.96%


Euro

$1.0723  ๐Ÿ“ˆ

+$0.00

+0.34%


Yen

ยฅ155.68  ๐Ÿ“ˆ

+ยฅ0.77

+0.50%


Renminbi (CNY)

ยฅ7.2472   

+ยฅ0.00

+0.01%


Oil (WTI)

$82.84  ๐Ÿ“‰

-$0.08

-0.1%


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)

$26.43B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.7M


GBTC Premium

263.07%


MSTR Premium

70.25%


BTC Down From ATH

13.32%


BTC Up From Cycle Low

7.18%


RATES & YIELDS

24hr change

UST 3mo

5.45%  ๐Ÿ“ˆ

+0.03

+0.55%


UST 2yr

4.97%  ๐Ÿ“ˆ

+0

0%


UST 10yr

4.62%  ๐Ÿ“ˆ

+0

0%


UST 30yr

4.72%  ๐Ÿ“ˆ

+0

0%


Fed Funds (EFFR)

5.33%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

2.21%  ๐Ÿ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

11.69x   

+0.48

+4.32%


M2:BTC (marketcap)

17.22x   

+0.65

+3.90%


BTC:Oil (price)

772.17x   

-28.32

-3.54%


Gold:Oil (price)

28.06x   

+0.16

+0.58%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  ๐Ÿ“‰

 

-1.45%


M1 Money Supply

$18.00T  ๐Ÿ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  ๐Ÿ“ˆ

+$57.60B

+0.28%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+126%

+17%

+24%

2 year:

+66%

+23%

+20%

3 year:

+24%

+31%

+21%

4 year:

+725%

+34%

+78%

5 year:

+1,140%

+81%

+71%

6 year:

+604%

+76%

+88%

7 year:

+4,711%

+84%

+111%

8 year:

+13,966%

+86%

+141%

9 year:

+28,318%

+92%

+139%

10 year:

+14,497%

+79%

+169%

11 year:

+45,873%

+60%

+218%

12 year:

+1.3 million%

+40%

+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%

$63,966

53

0.95%

$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

THE BITCOIN LIBRARY

29 Jan 2020 | Van Eck | Price when published: $9,353 (ROI since: +583%)

The Investment Case for Bitcoin

Filed under: topic icon investment  medium icon blogs

This piece explores bitcoin from a fund perspective; correlation, asymmetric return profile, growth, and adoption.

EXCERPT

If bitcoin is increasingly used as an asset with monetary value, what role might it play within an investment portfolio?

Bitcoin may potentially increase portfolio diversification because of its low correlation to traditional asset classes, including broad market equity indices, bonds and gold.


Read in Full

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