Bitcoin Marketcap

$1.80T

Gold Marketcap

$16.09T

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

$95,160  πŸ“‰

-$192.45

-0.2%


S&P 500

6,039  πŸ“‰

-7.51

-0.12%


Gold

$2,646  πŸ“ˆ

+$7.73

+0.29%


Silver

$30.87  πŸ“ˆ

+$0.42

+1.38%


Euro

$1.0521  πŸ“ˆ

+$0.00

+0.29%


Yen

Β₯149.27  πŸ“‰

-Β₯0.08

-0.06%


Renminbi (CNY)

Β₯7.2862   

+Β₯0.01

+0.19%


Oil (WTI)

$70.11  πŸ“ˆ

+$2.23

+3.29%


BITCOIN STATS

Bitcoin Marketcap

$1.80T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$37.74B


Active Addresses

1.02M


Mining Reward Value (24hr)

$87.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

4.29%


BTC Up From Cycle Low

5.08%


RATES & YIELDS

24hr change

UST 3mo

4.58%  πŸ“‰

-0.02

-0.43%


UST 2yr

4.13%  πŸ“‰

-0.06

-1.43%


UST 10yr

4.18%  πŸ“‰

-0.07

-1.65%


UST 30yr

4.36%  πŸ“‰

-0.08

-1.8%


Fed Funds (EFFR)

4.58%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.26%  πŸ“ˆ

+0

0%


Real Rate (10yr)

1.92%  πŸ“‰

-0.07

-3.52%


RATIOS

24hr change

Gold:BTC (marketcap)

8.94x   

+0.04

+0.49%


M2:BTC (marketcap)

11.84x   

+0.06

+0.54%


BTC:Oil (price)

1,357x   

-47.4

-3.37%


Gold:Oil (price)

37.76x   

-1.21

-3.11%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.91T  πŸ“‰

 

-1.54%


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:

+132%

+31%

+32%

2 year:

+459%

+47%

+50%

3 year:

+93%

+49%

+32%

4 year:

+404%

+44%

+64%

5 year:

+1,175%

+80%

+92%

6 year:

+2,563%

+113%

+120%

7 year:

+653%

+108%

+130%

8 year:

+12,526%

+124%

+174%

9 year:

+24,213%

+144%

+190%

10 year:

+25,206%

+121%

+191%

11 year:

+12,536%

+116%

+236%

12 year:

+715,452%

+56%

+328%

13 year:

+3.2 million%

+52%

+384%

14 year:

+40 million%

+90%

+392%

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

0

0

$95,149

10

0.17%

$90,000

18

0.31%

$80,000

23

0.40%

$50,000

432

7.43%

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 May 2020 | Matt Huang | Price when published: $8,712 (ROI since: +992%)

Bitcoin for the Open-Minded Skeptic

Filed under: topic icon fundamentals  medium icon articles

Topics include:
- Why Now?
- Money
- Store of Value
- Gold
- Paper Currency and the US Dollar
- Bitcoin's monetary features
- Bitcoin as Bubble
- Bubbles as a Go-To-Market Strategy
- The Future of Bitcoin
- Market Size
- Risks

EXCERPT

Bitcoin is a new monetary asset that is climbing an adoption curve. Although it is not yet a
broadly accepted store of value, Bitcoin has great potential as a future store of value based on
its intrinsic features.

Since monetary assets do not arise frequently, Bitcoin is likely to challenge our ordinary
intuitions, and it has stirred (understandable) controversy in the investment world.

Therein lies the opportunity, of course. We believe Bitcoin offers a compelling risk/reward profile
for patient, long-term investors willing to spend the time to truly understand Bitcoin. We hope
this paper provides a helpful starting point.


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