Bitcoin Marketcap

$1.84T

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

$97,326  πŸ“ˆ

+$1,806

+1.89%


S&P 500

5,911  πŸ“ˆ

+40.46

+0.69%


Gold

$2,623  πŸ“ˆ

+$11.56

+0.44%


Silver

$29.52  πŸ“ˆ

+$0.54

+1.88%


Euro

$1.0430  πŸ“ˆ

+$0.00

+0.36%


Yen

Β₯156.45  πŸ“‰

-Β₯0.31

-0.2%


Renminbi (CNY)

Β₯7.2964   

-Β₯0

-0.03%


Oil (WTI)

$69.57  πŸ“ˆ

+$0.42

+0.61%


BITCOIN STATS

Bitcoin Marketcap

$1.84T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$42.47B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.1M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

10.17%


BTC Up From Cycle Low

5.47%


RATES & YIELDS

24hr change

UST 3mo

4.35%  πŸ“‰

-0.01

-0.23%


UST 2yr

4.35%  πŸ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  πŸ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  πŸ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  πŸ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“ˆ

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.67x   

-0.12

-1.42%


M2:BTC (marketcap)

11.59x   

-0.2

-1.67%


BTC:Oil (price)

1,399x   

+17.61

+1.28%


Gold:Oil (price)

37.71x   

+0.02

+0.06%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  πŸ“‰

 

-0.5%


M1 Money Supply

$18.24T  πŸ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  πŸ“ˆ

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+121%

+28%

+25%

2 year:

+479%

+46%

+55%

3 year:

+96%

+45%

+26%

4 year:

+313%

+40%

+60%

5 year:

+1,233%

+77%

+83%

6 year:

+2,351%

+109%

+149%

7 year:

+580%

+106%

+120%

8 year:

+10,659%

+132%

+161%

9 year:

+21,236%

+144%

+187%

10 year:

+29,378%

+123%

+184%

11 year:

+14,665%

+117%

+223%

12 year:

+725,994%

+58%

+315%

13 year:

+2.4 million%

+63%

+367%

14 year:

+38 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%

$97,326

20

0.34%

$90,000

36

0.62%

$80,000

41

0.70%

$50,000

450

7.72%

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

30 Aug 2019 | Parker Lewis | Price when published: $9,540 (ROI since: +920%)

Bitcoin Fixes This

Filed under: topic icon macro  medium icon blogs

EXCERPT

Bitcoin creates a system that allows for undistorted economic activity, and it achieves this through a fixed monetary supply, which is ultimately governed by a market consensus mechanism. It is through this consensus mechanism that bitcoin dispenses with the need for conscious control of central bankers, instead relying on the distributed knowledge of all market participants. It is also completely voluntary. If you like your financial system, you can keep it (for now at least). However, monetary systems tend to one medium so if a critical mass converge on bitcoin as the most credible long-term store of value, it may become less of a choice in the future. As individuals increasingly opt in to bitcoin, it will only make the issues present in the existing system more evident, which likely accelerates the need for quantitative easing. The greater the inclination to store wealth in bitcoin, the lower the demand to store wealth in the assets that support the existing credit system. In essence, an increasing shift to bitcoin will directly impact the system-wide credit impulse, which will accelerate the need for the legacy financial system to rely on quantitative easing to sustain itself.


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