Bitcoin Marketcap

$843B

Gold Marketcap

$11.36T

BTC Settlement Volume (24hr)

$11.23B

BTC Inflation Rate (next 1yr)

1.80%

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KEY MARKETS

24hr change

Bitcoin

$45,079  📉

-$118.06

-0.26%


S&P 500

4,164  📉

-12.12

-0.29%


Gold

$1,869  📈

+$18.41

+1.00%


Silver

$28.27  📈

+$0.72

+2.61%


Euro

$1.2157  📈

+$0.00

+0.15%


Yen

¥109.23  📉

-¥0.24

-0.22%


Renminbi (CNY)

¥6.4392   

+¥0.00

+0.03%


Oil (WTI)

$66.46  📈

+$1.08

+1.65%


BITCOIN STATS

Bitcoin Marketcap

$843B


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

30.67%


BTC Up From Cycle Low

5.37%


RATES & YIELDS

24hr change

UST 3mo

0.01%  📉

-0.01

-50%


UST 2yr

0.16%  📈

+0

0%


UST 10yr

1.66%  📉

-0.03

-1.78%


UST 30yr

2.39%  📉

-0.01

-0.42%


Fed Funds (EFFR)

0.06%  📈

+0

0%


US 10yr Breakeven Inflation

2.51%  📈

+0

0%


Real Rate (10yr)

-0.85%  📈

-0.03

-3.66%


RATIOS

24hr change

Gold:BTC (marketcap)

13.47x   

+0.18

+1.37%


M2:BTC (marketcap)

23.57x   

+0.03

+0.11%


BTC:Oil (price)

678.93x   

-11.93

-1.73%


Gold:Oil (price)

28.11x   

-0.19

-0.68%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.83T  📈

+$37.56B

+0.48%


M1 Money Supply

$18.68T  📈

+$271B

+1.47%


M2 Money Supply

$19.90T  📈

+$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%

$45,121

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

12 Nov 2020 | Lyn Alden | Price when published: $15,918 (ROI since: +183%)

7 Misconceptions About Bitcoin

Filed under: topic icon fundamentals  medium icon blogs

This piece addresses common misconceptions about Bitcoin, and provides in-depth rebuttals.

Topics covered are:

1) “Bitcoin is a Bubble”
2) “Bitcoin’s Intrinsic Value is Zero”
3) “Bitcoin Isn’t Scalable”
4) “Bitcoin Wastes Energy”
5) “Bitcoin is Too Volatile”
6) “Governments Will Ban Bitcoin”
7) “Where to Buy Bitcoin”


Read in Full

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