Bitcoin Marketcap

$1.86T

Gold Marketcap

$15.95T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$98,258  ๐Ÿ“ˆ

+$5,395

+5.81%


S&P 500

5,911  ๐Ÿ“ˆ

+40.46

+0.69%


Gold

$2,623  ๐Ÿ“ˆ

+$19.24

+0.74%


Silver

$29.52  ๐Ÿ“ˆ

+$0.69

+2.41%


Euro

$1.0430  ๐Ÿ“ˆ

+$0.00

+0.46%


Yen

ยฅ156.42  ๐Ÿ“‰

-ยฅ0.36

-0.23%


Renminbi (CNY)

ยฅ7.2964   

-ยฅ0

-0.03%


Oil (WTI)

$69.57  ๐Ÿ“ˆ

+$1.02

+1.49%


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)

$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

UST 3mo

4.35%  ๐Ÿ“‰

-0.01

-0.23%


UST 2yr

4.35%  ๐Ÿ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  ๐Ÿ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  ๐Ÿ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  ๐Ÿ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

2.21%  ๐Ÿ“ˆ

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.59x   

-0.43

-4.79%


M2:BTC (marketcap)

11.47x   

-0.64

-5.3%


BTC:Oil (price)

1,412x   

+56.26

+4.15%


Gold:Oil (price)

37.71x   

-0.28

-0.74%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  ๐Ÿ“‰

 

-0.5%


M1 Money Supply

$18.24T  ๐Ÿ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  ๐Ÿ“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:

+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%

$98,226

14

0.24%

$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

Bitcoin is Censorship Resistant

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A key feature of bitcoin is that you, as the owner of BTC, are in full control. You can take control of the private keys (similar to a password) yourself, and not rely on anyone else in order to transact with your bitcoin. This is different than every other form of digital payment/money. Be it your bank account, paypal, venmo, credit cards, etc, there is always someone else authorizing transactions on your behalf. Not so with bitcoin. You can use your keys to submit transactions to the bitcoin network directly, and your transactions will be executed.

This full control capability also means no one can take your bitcoin from you without your permission. Again, unlike every other form of digital money and wealth storage, there is no one who can simply confiscate your bitcoin with the stroke of a pen or click of a button on some bank or government computer system somewhere. At the limit, seizing bitcoin from someone requires physically compelling them, which creates a much higher bar than a bank freezing an account, for example.

This marriage of digital and unseizable is one of the key things that makes bitcoin uniquely useful in our modern times. Gold that you're in physical possession of, and perhaps fine art, shares this property of not being easily seizable. But by being digital, bitcoin is far more practical to deal with. It is far easier and cheaper to store securely yourself, and the ability to move it anywhere on the planet instantly without having to physically carry anything makes it far superior chaos insurance.

Pieces About Bitcoin's Censorship Resistance