Bitcoin Marketcap

$1.16T

Gold Marketcap

$10.72T

BTC Settlement Volume (24hr)

$9.89B

BTC Inflation Rate (next 1yr)

1.78%

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KEY MARKETS

24hr change

Bitcoin

$61,401  πŸ“ˆ

+$1,741

+2.92%


S&P 500

4,478  πŸ“ˆ

+11.42

+0.26%


Gold

$1,763  πŸ“‰

-$3.75

-0.21%


Silver

$23.18  πŸ“‰

-$0.12

-0.51%


Euro

$1.1612  πŸ“ˆ

+$0.00

+0.16%


Yen

Β₯114.31  πŸ“ˆ

+Β₯0.04

+0.03%


Renminbi (CNY)

Β₯6.4296   

-Β₯0.01

-0.1%


Oil (WTI)

$82.08  πŸ“‰

-$0.18

-0.22%


BITCOIN STATS

Bitcoin Marketcap

$1.16T


BTC Inflation Rate (next 1yr)

1.78%


% Supply Issued

89.75%


BTC Settlement Volume (24hr)

$9.89B


Real Exchange Volume (24hr)

$12.73B


Active Addresses

937,355


Mining Reward Value (24hr)

$56.2M


GBTC Premium

3.11%


MSTR Premium

12.67%


BTC Down From ATH

5.00%


BTC Up From Cycle Low

109.88%


RATES & YIELDS

24hr change

UST 3mo

0.05%  πŸ“ˆ

+0

0%


UST 2yr

0.36%  πŸ“‰

-0.01

-2.7%


UST 10yr

1.52%  πŸ“‰

-0.04

-2.56%


UST 30yr

2.02%  πŸ“‰

-0.03

-1.46%


Fed Funds (EFFR)

0.08%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.56%  πŸ“ˆ

+0.04

+1.59%


Real Rate (10yr)

-1.04%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

9.26x   

-0.3

-3.09%


M2:BTC (marketcap)

17.97x   

-0.57

-3.05%


BTC:Oil (price)

747.91x   

+23.31

+3.22%


Gold:Oil (price)

21.48x   

+0.02

+0.09%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.48T  πŸ“ˆ

+$32.17B

+0.38%


M1 Money Supply

$19.68T  πŸ“ˆ

+$276B

+1.42%


M2 Money Supply

$20.80T  πŸ“ˆ

+$262B

+1.28%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+428%

-7%

+28%

2 year:

+670%

+18%

+50%

3 year:

+858%

+44%

+62%

4 year:

+987%

+37%

+75%

5 year:

+9,675%

+39%

+109%

6 year:

+22,782%

+50%

+121%

7 year:

+15,808%

+41%

+136%

8 year:

+36,741%

+34%

+157%

9 year:

+523,539%

+3%

+212%

10 year:

+2,138,837%

+8%

+265%

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

0

0

$61,380

6

0.13%

$60,000

10

0.21%

$50,000

89

1.91%

$40,000

183

3.92%

$30,000

288

6.17%

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: +738%)

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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