Bitcoin Marketcap

$1.22T

Gold Marketcap

$14.27T

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

$64,386  πŸ“ˆ

+$502.20

+0.79%


S&P 500

5,086  πŸ“ˆ

+49.27

+0.98%


Gold

$2,348  πŸ“ˆ

+$21.98

+0.95%


Silver

$27.68  πŸ“ˆ

+$0.31

+1.12%


Euro

$1.0733  πŸ“ˆ

+$0.00

+0.09%


Yen

Β₯156.55  πŸ“ˆ

+Β₯0.86

+0.55%


Renminbi (CNY)

Β₯7.2470   

-Β₯0

-0%


Oil (WTI)

$83.86  πŸ“ˆ

+$1.17

+1.41%


BITCOIN STATS

Bitcoin Marketcap

$1.22T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$25.70B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.9M


GBTC Premium

263.07%


MSTR Premium

65.30%


BTC Down From ATH

12.65%


BTC Up From Cycle Low

8.01%


RATES & YIELDS

24hr change

UST 3mo

5.46%  πŸ“ˆ

+0.01

+0.18%


UST 2yr

4.86%  πŸ“‰

-0.11

-2.21%


UST 10yr

4.61%  πŸ“‰

-0.01

-0.22%


UST 30yr

4.73%  πŸ“ˆ

+0.01

+0.21%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.42%  πŸ“ˆ

+0.01

+0.41%


Real Rate (10yr)

2.20%  πŸ“‰

-0.01

-0.45%


RATIOS

24hr change

Gold:BTC (marketcap)

11.72x   

+0.01

+0.12%


M2:BTC (marketcap)

17.12x   

-0.14

-0.83%


BTC:Oil (price)

768.01x   

-4.61

-0.6%


Gold:Oil (price)

28.01x   

-0.06

-0.22%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.40T  πŸ“‰

 

-1.1%


M1 Money Supply

$18.00T  πŸ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  πŸ“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:

+123%

+18%

+22%

2 year:

+63%

+24%

+20%

3 year:

+18%

+32%

+21%

4 year:

+729%

+35%

+76%

5 year:

+1,152%

+82%

+73%

6 year:

+606%

+78%

+90%

7 year:

+4,730%

+85%

+113%

8 year:

+14,121%

+87%

+146%

9 year:

+27,795%

+94%

+143%

10 year:

+14,275%

+81%

+171%

11 year:

+45,585%

+59%

+219%

12 year:

+1.3 million%

+41%

+263%

13 year:

+2.0 million%

+52%

+273%

14 year:

+2.1 billion%

+99%

+325%

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%

$64,406

49

0.88%

$60,000

98

1.75%

$50,000

217

3.88%

$40,000

468

8.37%

$30,000

713

12.75%

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

9 Apr 2020 | Phil Geiger | Price when published: $7,327 (ROI since: +779%)

21 Million is Non-Negotiable

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

The best protection bitcoin has against all other currencies is its unyielding monetary policy, which is enforced socially and technically by every individual that stores value in bitcoin. There will likely be inflation bugs, hard forks, and new currencies printed throughout the marathon of bitcoin’s ascendance. Social consensus will kick in during these times to ensure the 21 million policy remains intact.


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