Bitcoin Marketcap

$1.32T

Gold Marketcap

$13.57T

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

$69,684  πŸ“‰

-$917.38

-1.3%


S&P 500

5,239  πŸ“‰

-2

-0.04%


Gold

$2,232  πŸ“ˆ

+$36.01

+1.64%


Silver

$24.98  πŸ“ˆ

+$0.51

+2.10%


Euro

$1.0775  πŸ“‰

-$0

-0.03%


Yen

Β₯151.35  πŸ“‰

-Β₯0.1

-0.07%


Renminbi (CNY)

Β₯7.2222   

-Β₯0.01

-0.1%


Oil (WTI)

$83.12  πŸ“ˆ

+$1.45

+1.78%


BITCOIN STATS

Bitcoin Marketcap

$1.32T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$27.67B


Active Addresses

1.02M


Mining Reward Value (24hr)

$64.0M


GBTC Premium

257.43%


MSTR Premium

104.51%


BTC Down From ATH

5.39%


BTC Up From Cycle Low

14.71%


RATES & YIELDS

24hr change

UST 3mo

5.45%  πŸ“‰

-0.01

-0.18%


UST 2yr

4.56%  πŸ“ˆ

+0.02

+0.44%


UST 10yr

4.24%  πŸ“‰

-0.01

-0.24%


UST 30yr

4.40%  πŸ“‰

-0.02

-0.45%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.32%  πŸ“ˆ

+0

0%


Real Rate (10yr)

1.92%  πŸ“‰

-0.01

-0.52%


RATIOS

24hr change

Gold:BTC (marketcap)

10.30x   

+0.29

+2.95%


M2:BTC (marketcap)

15.77x   

+0.21

+1.35%


BTC:Oil (price)

838.35x   

-26.12

-3.02%


Gold:Oil (price)

26.85x   

-0.04

-0.14%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.48T  πŸ“‰

 

-1.1%


M1 Money Supply

$17.94T  πŸ“‰

 

-0.25%


M2 Money Supply

$20.78T  πŸ“ˆ

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+147%

+13%

+28%

2 year:

+48%

+17%

+14%

3 year:

+19%

+31%

+32%

4 year:

+1,038%

+35%

+102%

5 year:

+1,595%

+72%

+85%

6 year:

+915%

+69%

+99%

7 year:

+6,390%

+79%

+122%

8 year:

+16,723%

+82%

+154%

9 year:

+28,405%

+87%

+154%

10 year:

+15,079%

+74%

+177%

11 year:

+70,852%

+41%

+234%

12 year:

+1.4 million%

+33%

+273%

13 year:

+9.0 million%

+56%

+294%

14 year:

+2.3 billion%

+98%

+343%

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

6

0.11%

$69,683

7

0.13%

$60,000

70

1.26%

$50,000

189

3.40%

$40,000

440

7.91%

$30,000

685

12.31%

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

17 Mar 2020 | Nathaniel Whittemore, Dan Tapiero | Price when published: $5,172 (ROI since: +1,247%)

Why Bitcoin Is the Only Truly Free Market, Featuring Dan Tapiero

Filed under: topic icon macro  medium icon podcasts

EXCERPT

- How this forthcoming stimulus might impact upon the bitcoin narrative
- Why some traditional safe havens like bonds might not fare well in the coming markets while others like gold are poised to thrive
- Why markets could be positioning for a major bounce back
- Why the Federal Reserve has more tools in its toolkit than popular media and opinion are suggesting
- Why the dollar’s global strength is a major concern
- Why bitcoin is the only truly free market in the world


Listen Now

What do you think of this piece?


MORE FROM Nathaniel Whittemore, Dan Tapiero

MORE FROM MACRO & POLITICS

MORE AUDIO