Bitcoin Marketcap
$1.15T
Gold Marketcap
$14.06T
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
$1.15T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$19.50B
Active Addresses
1.02M
Mining Reward Value (24hr)
$55.8M
GBTC Premium
223.09%
MSTR Premium
71.23%
BTC Down From ATH
17.39%
BTC Up From Cycle Low
7.77%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
12.20x
+0.24
+2.04%
M2:BTC (marketcap)
18.07x
+0.37
+2.08%
BTC:Oil (price)
765.55x
-38.03
-4.73%
Gold:Oil (price)
29.03x
-0.83
-2.79%
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:
+123%
+14%
+26%
2 year:
+99%
+25%
+30%
3 year:
+7%
+26%
+25%
4 year:
+567%
+36%
+77%
5 year:
+759%
+80%
+80%
6 year:
+622%
+75%
+89%
7 year:
+3,360%
+89%
+117%
8 year:
+13,386%
+82%
+151%
9 year:
+25,179%
+95%
+147%
10 year:
+13,717%
+78%
+174%
11 year:
+52,655%
+60%
+217%
12 year:
+1.2 million%
+46%
+282%
13 year:
+808,671%
+54%
+286%
14 year:
+1.4 billion%
+87%
+352%
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%
$60,991
98
1.75%
$60,000
109
1.95%
$50,000
230
4.10%
$40,000
481
8.58%
$30,000
726
12.96%
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
11 May 2020 | | Price when published: $8,655 (ROI since: +605%)
The State of Bitcoin 2020
Filed under: 
fundamentals 
reports
This extensive report dives into all aspects of the bitcoin ecosystem, building the case for bitcoin through a combination of fundamentals, macro, and data-driven analysis. This piece includes dozens of charts and tables that contextualize bitcoin for the reader across everything from macro and central bank liquidity, to on-chain fundamentals and large-trader positioning.
Major topics covered include:
- Why Bitcoin? Why Now?
- Adoption & Distribution
- Exchange Flows
- UTXO Analysis
- Upcoming Upgrades
- Lightning Network
- Mining Analysis
- Contributor Pieces
EXCERPT
In our view, Bitcoin's value is backed by the demand for a non-sovereign, censorship resistant, digitally native asset with a perdetermined, hard-capped supply. Therefore, its current value is backed by the demand for an apolitical speculative asset that may or may not turn out to be one of the world's most valuable safe havens. Bitcoin, at its most primitive level, represents the ultimate check on monetary and fiscal authorities by providing a non-sovereign, censorship resistant alternative to today's monetary system.
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