Bitcoin Marketcap

$846B

Gold Marketcap

$11.38T

BTC Settlement Volume (24hr)

$11.23B

BTC Inflation Rate (next 1yr)

1.80%

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KEY MARKETS

24hr change

Bitcoin

$45,171  ๐Ÿ“ˆ

+$273.85

+0.61%


S&P 500

4,164  ๐Ÿ“‰

-12.12

-0.29%


Gold

$1,871  ๐Ÿ“ˆ

+$21.02

+1.14%


Silver

$28.27  ๐Ÿ“ˆ

+$0.72

+2.61%


Euro

$1.2157  ๐Ÿ“ˆ

+$0.00

+0.15%


Yen

ยฅ109.23  ๐Ÿ“‰

-ยฅ0.24

-0.22%


Renminbi (CNY)

ยฅ6.4392   

+ยฅ0.00

+0.03%


Oil (WTI)

$66.51  ๐Ÿ“ˆ

+$1.04

+1.59%


BITCOIN STATS

Bitcoin Marketcap

$846B


BTC Inflation Rate (next 1yr)

1.80%


% Supply Issued

89.10%


BTC Settlement Volume (24hr)

$11.23B


Real Exchange Volume (24hr)

$23.74B


Active Addresses

971,649


Mining Reward Value (24hr)

$41.1M


GBTC Premium

-14.47%


MSTR Premium

-0.60%


BTC Down From ATH

30.62%


BTC Up From Cycle Low

5.35%


RATES & YIELDS

24hr change

UST 3mo

0.01%  ๐Ÿ“‰

-0.01

-50%


UST 2yr

0.16%  ๐Ÿ“ˆ

+0

0%


UST 10yr

1.66%  ๐Ÿ“‰

-0.03

-1.78%


UST 30yr

2.39%  ๐Ÿ“‰

-0.01

-0.42%


Fed Funds (EFFR)

0.06%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.51%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

-0.85%  ๐Ÿ“ˆ

-0.03

-3.66%


RATIOS

24hr change

Gold:BTC (marketcap)

13.45x   

+0.10

+0.74%


M2:BTC (marketcap)

23.52x   

-0.07

-0.31%


BTC:Oil (price)

677.44x   

-11.05

-1.61%


Gold:Oil (price)

28.15x   

-0.13

-0.46%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.83T  ๐Ÿ“ˆ

+$37.56B

+0.48%


M1 Money Supply

$18.68T  ๐Ÿ“ˆ

+$271B

+1.47%


M2 Money Supply

$19.90T  ๐Ÿ“ˆ

+$481B

+2.48%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+357%

+7%

+42%

2 year:

+473%

+46%

+47%

3 year:

+438%

+45%

+53%

4 year:

+2,132%

+49%

+74%

5 year:

+9,879%

+49%

+103%

6 year:

+18,941%

+55%

+96%

7 year:

+9,351%

+45%

+121%

8 year:

+37,750%

+35%

+150%

9 year:

+868,865%

+17%

+220%

10 year:

+742,517%

+24%

+214%

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

73

1.62%

$45,084

97

2.15%

$40,000

101

2.24%

$30,000

136

3.01%

$20,000

153

3.39%

$10,000

458

10.14%

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: +515%)

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 bitcoinโ€™s ascendance. Social consensus will kick in during these times to ensure the 21 million policy remains intact.


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