Bitcoin Marketcap

$1.86T

Gold Marketcap

$16.15T

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

$98,366  πŸ“‰

 

-1.32%


S&P 500

6,090  πŸ“ˆ

+16.72

+0.28%


Gold

$2,656  πŸ“ˆ

+$22.79

+0.87%


Silver

$31.63  πŸ“ˆ

+$0.65

+2.09%


Euro

$1.0566  πŸ“‰

-$0

-0.1%


Yen

Β₯150.53  πŸ“ˆ

+Β₯0.54

+0.36%


Renminbi (CNY)

Β₯7.2660   

-Β₯0

-0.06%


Oil (WTI)

$68.10  πŸ“ˆ

+$0.91

+1.35%


BITCOIN STATS

Bitcoin Marketcap

$1.86T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$40.65B


Active Addresses

1.02M


Mining Reward Value (24hr)

$90.0M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

5.07%


BTC Up From Cycle Low

6.16%


RATES & YIELDS

24hr change

UST 3mo

4.46%  πŸ“‰

-0.01

-0.22%


UST 2yr

4.13%  πŸ“‰

-0.04

-0.96%


UST 10yr

4.19%  πŸ“‰

-0.04

-0.95%


UST 30yr

4.35%  πŸ“‰

-0.05

-1.14%


Fed Funds (EFFR)

4.58%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.24%  πŸ“‰

-0.01

-0.44%


Real Rate (10yr)

1.95%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

8.68x   

+0.19

+2.19%


M2:BTC (marketcap)

11.46x   

+0.14

+1.25%


BTC:Oil (price)

1,445x   

-37.91

-2.56%


Gold:Oil (price)

39.02x   

-0.17

-0.44%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.90T  πŸ“‰

 

-1.41%


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:

+125%

+32%

+32%

2 year:

+475%

+48%

+53%

3 year:

+104%

+49%

+29%

4 year:

+442%

+45%

+66%

5 year:

+1,261%

+80%

+94%

6 year:

+2,817%

+113%

+129%

7 year:

+494%

+114%

+129%

8 year:

+12,680%

+128%

+170%

9 year:

+22,543%

+147%

+202%

10 year:

+27,923%

+117%

+205%

11 year:

+11,088%

+116%

+243%

12 year:

+718,457%

+55%

+326%

13 year:

+3.1 million%

+65%

+400%

14 year:

+45 million%

+90%

+391%

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

1

0.02%

$98,366

6

0.10%

$90,000

24

0.41%

$80,000

29

0.50%

$50,000

438

7.53%

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

9 Aug 2019 | Parker Lewis | Price when published: $11,928 (ROI since: +725%)

Bitcoin is Not Too Volatile

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Consider why there is fundamental demand for bitcoin and why bitcoin is naturally volatile. Bitcoin is valuable because it has a fixed supply and it is also volatile for the same reason. The fundamental demand driver for bitcoin is in its scarcity.
...
While demand is increasing by orders of magnitude, there is no supply response because bitcoin’s supply schedule is fixed. The disparity in the rate of increase in demand (variable) vs. supply (fixed) combined with imperfect knowledge amongst market participants causes volatility as a function of price discovery.


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