Bitcoin Marketcap
$1.85T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
BITCOIN STATS
Bitcoin Marketcap
$1.85T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$47.15B
Active Addresses
1.02M
Mining Reward Value (24hr)
$90.0M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
9.26%
BTC Up From Cycle Low
6.54%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.62x
-0.44
-4.9%
M2:BTC (marketcap)
11.52x
-0.68
-5.59%
BTC:Oil (price)
1,407x
+59.53
+4.42%
Gold:Oil (price)
37.71x
-0.27
-0.72%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+124%
+28%
+25%
2 year:
+484%
+46%
+55%
3 year:
+97%
+45%
+26%
4 year:
+317%
+40%
+60%
5 year:
+1,249%
+77%
+83%
6 year:
+2,374%
+109%
+149%
7 year:
+586%
+106%
+120%
8 year:
+10,762%
+132%
+161%
9 year:
+21,441%
+144%
+187%
10 year:
+29,727%
+123%
+184%
11 year:
+14,807%
+117%
+223%
12 year:
+732,975%
+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%
$97,784
15
0.26%
$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
22 Apr 2021 | | Price when published: $52,752 (ROI since: +85.37%)
Bitcoin is Key to an Abundant, Clean Energy Future
Filed under: 
fundamentals 
reports
This joint piece from Square Crypto and ARK Invest discusses the stabilizing effects that bitcoin mining can have on an energy grid, and how this incentivizes more rapid deployment of solar energy capacity, and other renewables.
EXCERPT
In this memo, we aim to explain how the Bitcoin network functions as a unique energy buyer that could enable society to deploy substantially more solar and wind generation capacity.
...
We believe there are two large implications if bitcoin mining becomes normalized as an energy buyer of last resort. First, the amount of solar and wind energy on the grid could increase dramatically... The second major potential impact could be a sizable transformation and greening of the bitcoin mining industry.
...
With real-world data, we (ARK Invest) demonstrate that bitcoin mining could encourage investment in solar systems (solar grids + batteries), enabling renewables to generate a higher percentage of grid power with potentially no change in the cost of electricity.
Read in Full
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