Bitcoin Marketcap

$791B

Gold Marketcap

$10.78T

BTC Settlement Volume (24hr)

$14.54B

BTC Inflation Rate (next 1yr)

1.79%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$42,018  πŸ“‰

 

-3.25%


S&P 500

4,335  πŸ“‰

-7.51

-0.17%


Gold

$1,772  πŸ“ˆ

+$7.15

+0.40%


Silver

$22.71  πŸ“ˆ

+$0.16

+0.69%


Euro

$1.1731  πŸ“‰

-$0

-0.11%


Yen

Β₯109.51  πŸ“ˆ

+Β₯0.10

+0.09%


Renminbi (CNY)

Β₯6.4668   

-Β₯0

-0%


Oil (WTI)

$71.59  πŸ“ˆ

+$0.66

+0.93%


BITCOIN STATS

Bitcoin Marketcap

$791B


BTC Inflation Rate (next 1yr)

1.79%


% Supply Issued

89.63%


BTC Settlement Volume (24hr)

$14.54B


Real Exchange Volume (24hr)

$10.12B


Active Addresses

844,883


Mining Reward Value (24hr)

$38.4M


GBTC Premium

-17.49%


MSTR Premium

23.30%


BTC Down From ATH

35.04%


BTC Up From Cycle Low

43.47%


RATES & YIELDS

24hr change

UST 3mo

0.04%  πŸ“ˆ

+0

0%


UST 2yr

0.23%  πŸ“ˆ

+0

0%


UST 10yr

1.31%  πŸ“‰

-0.06

-4.38%


UST 30yr

1.85%  πŸ“‰

-0.06

-3.14%


Fed Funds (EFFR)

0.08%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.29%  πŸ“ˆ

+0

0%


Real Rate (10yr)

-0.98%  πŸ“ˆ

-0.02

-2.08%


RATIOS

24hr change

Gold:BTC (marketcap)

13.64x   

+0.48

+3.67%


M2:BTC (marketcap)

25.99x   

+0.76

+3.01%


BTC:Oil (price)

586.32x   

-24.6

-4.03%


Gold:Oil (price)

24.77x   

-0.13

-0.52%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.45T  πŸ“ˆ

+$106B

+1.27%


M1 Money Supply

$19.40T  πŸ“ˆ

+$134B

+0.69%


M2 Money Supply

$20.53T  πŸ“ˆ

+$146B

+0.71%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+304%

-7%

+32%

2 year:

+326%

+15%

+45%

3 year:

+532%

+48%

+48%

4 year:

+1,027%

+37%

+74%

5 year:

+6,888%

+32%

+100%

6 year:

+18,010%

+55%

+124%

7 year:

+9,974%

+45%

+118%

8 year:

+33,937%

+33%

+156%

9 year:

+346,412%

+0.35%

+199%

10 year:

+823,065%

+8%

+283%

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

$50,000

76

1.64%

$41,998

147

3.17%

$40,000

157

3.38%

$30,000

262

5.64%

$20,000

280

6.03%

$10,000

585

12.60%

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

16 Jan 2020 | Yan Pritzker, Brady Swenson | Price when published: $8,739 (ROI since: +381%)

Yan Pritzker: The Money Red Pill, Bitcoin Tech and Swan Bitcoin

Filed under: topic icon fundamentals  medium icon podcasts

Yan makes the high-level macro case for bitcoin; discussing how his family's past helped him intuitively understand the necessity of non-government money, and his path to bitcoin.


Listen Now

What do you think of this piece?


MORE FROM Yan Pritzker, Brady Swenson

icon
28 Feb 2020
Yan Pritzker

icon
27 Feb 2020
Yan Pritzker

icon
28 May 2020
Brady Swenson

icon
13 Feb 2020
Brady Swenson

MORE FROM FUNDAMENTALS

MORE AUDIO