Bitcoin Marketcap

$932B

Gold Marketcap

$10.85T

BTC Settlement Volume (24hr)

$19.05B

BTC Inflation Rate (next 1yr)

1.80%

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KEY MARKETS

24hr change

Bitcoin

$49,890  πŸ“‰

 

-8.87%


S&P 500

4,132  πŸ“‰

-28.04

-0.67%


Gold

$1,785  πŸ“ˆ

+$0.95

+0.05%


Silver

$26.12  πŸ“‰

-$0.26

-0.98%


Euro

$1.2055  πŸ“ˆ

+$0.00

+0.08%


Yen

Β₯107.90  πŸ“‰

-Β₯0.15

-0.14%


Renminbi (CNY)

Β₯6.4936   

+Β₯0.00

+0.04%


Oil (WTI)

$61.80  πŸ“ˆ

+$0.79

+1.29%


BITCOIN STATS

Bitcoin Marketcap

$932B


BTC Inflation Rate (next 1yr)

1.80%


% Supply Issued

88.99%


BTC Settlement Volume (24hr)

$19.05B


Real Exchange Volume (24hr)

$20.44B


Active Addresses

1.11M


Mining Reward Value (24hr)

$45.4M


GBTC Premium

-15.88%


MSTR Premium

4.08%


BTC Down From ATH

22.93%


BTC Up From Cycle Low

1.48%


RATES & YIELDS

24hr change

UST 3mo

0.03%  πŸ“ˆ

+0

0%


UST 2yr

0.15%  πŸ“‰

-0.01

-6.25%


UST 10yr

1.58%  πŸ“‰

-0.03

-1.86%


UST 30yr

2.27%  πŸ“‰

-0.02

-0.87%


Fed Funds (EFFR)

0.07%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.33%  πŸ“ˆ

+0

0%


Real Rate (10yr)

-0.75%  πŸ“ˆ

-0.04

-5.63%


RATIOS

24hr change

Gold:BTC (marketcap)

11.64x   

+1.01

+9.49%


M2:BTC (marketcap)

20.83x   

+1.73

+9.06%


BTC:Oil (price)

807.15x   

-87.8

-9.81%


Gold:Oil (price)

28.87x   

-0.37

-1.27%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.82T  πŸ“ˆ

+$101B

+1.31%


M1 Money Supply

$18.41T  πŸ“ˆ

+$292B

+1.61%


M2 Money Supply

$19.41T  πŸ“‰

 

-0.68%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+579%

+2%

+47%

2 year:

+804%

+40%

+41%

3 year:

+434%

+34%

+55%

4 year:

+3,876%

+40%

+74%

5 year:

+10,804%

+44%

+98%

6 year:

+22,155%

+51%

+95%

7 year:

+10,139%

+37%

+121%

8 year:

+35,277%

+23%

+161%

9 year:

+969,400%

+8%

+196%

10 year:

+2,705,437%

+18%

+206%

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

$50,000

54

1.20%

$49,889

54

1.20%

$40,000

76

1.69%

$30,000

111

2.47%

$20,000

128

2.85%

$10,000

433

9.64%

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

27 Sep 2019 | Parker Lewis | Price when published: $8,130 (ROI since: +514%)

Bitcoin is Not Backed by Nothing

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Contrary to popular belief, bitcoin is in fact backed by something. It is backed by the only thing that backs any form of money: the credibility of its monetary properties. Money is not a collective hallucination nor merely a belief system. Over the course of history, various mediums have emerged as money, and each time, it has not just been by coincidence. Goods that emerge as money possess unique properties that differentiate them from other market goods.


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