Bitcoin Marketcap

$1.83T

Gold Marketcap

$15.95T

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

$96,977  📉

 

-1.6%


S&P 500

5,911  📈

+40.46

+0.69%


Gold

$2,623  📈

+$-0.00

-0.00%


Silver

$29.52  📈

+$0

0%


Euro

$1.0430  📈

+$0

0%


Yen

¥156.46  📈

+¥0

0%


Renminbi (CNY)

¥7.2964   

+¥0

0%


Oil (WTI)

$69.57  📈

+$0

0%


BITCOIN STATS

Bitcoin Marketcap

$1.83T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$28.71B


Active Addresses

1.02M


Mining Reward Value (24hr)

$88.8M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

10.39%


BTC Up From Cycle Low

5.18%


RATES & YIELDS

24hr change

UST 3mo

4.35%  📉

-0.01

-0.23%


UST 2yr

4.35%  📈

+0.10

+2.35%


UST 10yr

4.50%  📈

+0.10

+2.27%


UST 30yr

4.65%  📈

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  📉

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  📈

+0

0%


Real Rate (10yr)

2.21%  📈

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

8.70x   

+0.14

+1.65%


M2:BTC (marketcap)

11.63x   

+0.19

+1.64%


BTC:Oil (price)

1,394x   

-22.68

-1.6%


Gold:Oil (price)

37.71x   

+-0.00

-0.00%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  📉

 

-0.5%


M1 Money Supply

$18.24T  📈

+$86.00B

+0.47%


M2 Money Supply

$21.31T  📈

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+120%

+28%

+25%

2 year:

+474%

+46%

+55%

3 year:

+90%

+45%

+26%

4 year:

+311%

+40%

+60%

5 year:

+1,234%

+74%

+83%

6 year:

+2,317%

+106%

+145%

7 year:

+574%

+106%

+120%

8 year:

+10,720%

+132%

+161%

9 year:

+22,014%

+144%

+187%

10 year:

+29,894%

+123%

+184%

11 year:

+14,397%

+117%

+223%

12 year:

+719,394%

+58%

+315%

13 year:

+2.4 million%

+63%

+367%

14 year:

+37 million%

+90%

+371%

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

9

0.15%

$96,976

23

0.39%

$90,000

37

0.63%

$80,000

42

0.72%

$50,000

451

7.73%

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

2 Aug 2019 | Parker Lewis | Price when published: $10,460 (ROI since: +827%)

Bitcoin Can't be Copied

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Bitcoin is valuable, not because of a particular feature, but instead, because it achieved finite, digital scarcity, through which it derives its store of value property. The credibility of bitcoin’s scarcity (and monetary policy) only exists because it is decentralized and censorship-resistant, which in itself has very little to do with software. In aggregate, this drives incremental adoption and liquidity which reinforces and strengthens the value of the bitcoin network. As part of this process, individuals are, at the same time, opting out of inferior monetary networks. This is fundamentally why the emergent properties in bitcoin are next to impossible to replicate and why bitcoin cannot be copied or out-competed: because bitcoin already exists as an option and its monetary properties become stronger over time (and with greater scale), while also at the direct expense of inferior monetary networks.


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