Bitcoin Marketcap

$1.74T

Gold Marketcap

$25.61T

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

$92,204  ๐Ÿ“‰

-$333.03

-0.36%


S&P 500

6,852  ๐Ÿ“ˆ

+3.81

+0.06%


Gold

$4,213  ๐Ÿ“ˆ

+$0.17

+0.00%


Silver

$57.08  ๐Ÿ“‰

-$1.32

-2.25%


Euro

$1.1659  ๐Ÿ“ˆ

+$0.00

+0.00%


Yen

ยฅ154.93  ๐Ÿ“‰

-ยฅ0.23

-0.15%


Renminbi (CNY)

ยฅ7.0639   

-ยฅ0.01

-0.09%


Oil (WTI)

$59.91  ๐Ÿ“ˆ

+$0.88

+1.49%


BITCOIN STATS

Bitcoin Marketcap

$1.74T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$30.63B


Active Addresses

1.02M


Mining Reward Value (24hr)

$84.5M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

26.93%


BTC Up From Cycle Low

14.21%


RATES & YIELDS

24hr change

UST 3mo

3.77%  ๐Ÿ“‰

-0.04

-1.05%


UST 2yr

3.51%  ๐Ÿ“‰

-0.03

-0.85%


UST 10yr

4.09%  ๐Ÿ“ˆ

+0

0%


UST 30yr

4.74%  ๐Ÿ“ˆ

+0

0%


Fed Funds (EFFR)

3.89%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.24%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

1.85%  ๐Ÿ“ˆ

+0.07

+3.93%


RATIOS

24hr change

Gold:BTC (marketcap)

14.70x   

+0.06

+0.40%


M2:BTC (marketcap)

12.80x   

+0.06

+0.47%


BTC:Oil (price)

1,539x   

-18.7

-1.2%


Gold:Oil (price)

70.43x   

-0.9

-1.26%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.55T  ๐Ÿ“‰

 

-0.53%


M1 Money Supply

$19.00T  ๐Ÿ“ˆ

+$91.40B

+0.48%


M2 Money Supply

$22.30T  ๐Ÿ“ˆ

+$85.60B

+0.39%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

-6%

+59%

+13%

2 year:

+111%

+108%

+50%

3 year:

+443%

+136%

+72%

4 year:

+87%

+136%

+50%

5 year:

+387%

+129%

+86%

6 year:

+1,129%

+186%

+118%

7 year:

+2,610%

+237%

+157%

8 year:

+512%

+232%

+160%

9 year:

+12,050%

+259%

+210%

10 year:

+23,405%

+290%

+229%

11 year:

+24,967%

+253%

+230%

12 year:

+12,396%

+243%

+279%

13 year:

+694,698%

+147%

+383%

14 year:

+3.1 million%

+143%

+449%

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

$100,000

165

2.67%

$92,203

243

3.93%

$90,000

257

4.16%

$80,000

318

5.15%

$50,000

732

11.85%

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

7 Sep 2019 | Nic Carter | Price when published: $10,402 (ROI since: +786%)

A most peaceful revolution

Filed under: topic icon macro  medium icon blogs

EXCERPT

Bitcoiners chose to abandon the rules of engagement and began work on a monetary system totally outside the purview and supervision of the State, entirely without restriction. Ultimately, they anticipate a system which permits unfettered commerce, provable-reserve free banking (unlike the obscure socialized-loss mess we rely on), renders capital controls obsolete, frees savers from state-sanctioned theft by inflation, and eventually disempowers the State entirely, shrinking its monetary toolkit.


Read in Full

What do you think of this piece?


MORE FROM MACRO & POLITICS

MORE OLDER CONTENT