Bitcoin Marketcap

$1.62T

Gold Marketcap

$20.20T

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

$85,450  πŸ“ˆ

+$847.79

+1.00%


S&P 500

5,272  πŸ“ˆ

+0.60

+0.01%


Gold

$3,323  πŸ“ˆ

+$0

0%


Silver

$32.58  πŸ“ˆ

+$0.00

+0.00%


Euro

$1.1372  πŸ“ˆ

+$0

0%


Yen

Β₯142.17  πŸ“‰

-Β₯0.21

-0.15%


Renminbi (CNY)

Β₯7.3039   

+Β₯0.01

+0.08%


Oil (WTI)

$64.43  πŸ“‰

-$0.25

-0.39%


BITCOIN STATS

Bitcoin Marketcap

$1.62T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$6.35B


Active Addresses

1.02M


Mining Reward Value (24hr)

$78.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

21.75%


BTC Up From Cycle Low

14.54%


RATES & YIELDS

24hr change

UST 3mo

4.34%  πŸ“ˆ

+0.01

+0.23%


UST 2yr

3.77%  πŸ“‰

-0.07

-1.82%


UST 10yr

4.29%  πŸ“‰

-0.06

-1.38%


UST 30yr

4.74%  πŸ“‰

-0.05

-1.04%


Fed Funds (EFFR)

4.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.23%  πŸ“ˆ

+0.06

+2.76%


Real Rate (10yr)

2.06%  πŸ“‰

-0.06

-2.83%


RATIOS

24hr change

Gold:BTC (marketcap)

12.51x   

-0.13

-0.99%


M2:BTC (marketcap)

13.43x   

-0.12

-0.89%


BTC:Oil (price)

1,326x   

+18.21

+1.39%


Gold:Oil (price)

51.57x   

+0.20

+0.39%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.73T  πŸ“‰

 

-0.43%


M1 Money Supply

$18.53T  πŸ“ˆ

+$75.40B

+0.41%


M2 Money Supply

$21.67T  πŸ“ˆ

+$110B

+0.51%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+32%

+39%

+6%

2 year:

+208%

+67%

+28%

3 year:

+109%

+75%

+18%

4 year:

+55%

+86%

+27%

5 year:

+1,122%

+95%

+91%

6 year:

+1,499%

+160%

+82%

7 year:

+862%

+149%

+97%

8 year:

+6,799%

+158%

+124%

9 year:

+18,920%

+166%

+152%

10 year:

+36,296%

+179%

+150%

11 year:

+17,183%

+159%

+181%

12 year:

+69,508%

+134%

+236%

13 year:

+1.7 million%

+103%

+284%

14 year:

+5.0 million%

+121%

+295%

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

$90,000

91

1.53%

$85,449

108

1.82%

$80,000

142

2.39%

$70,000

169

2.84%

$60,000

391

6.57%

$50,000

556

9.35%

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 a Breakthrough in Computer Science

theme image

Truly digital cash was a goal in cryptography circles since the 1980s. The foundations were laid in the 1970s with the advent of usable public-key cryptography. A number of cryptographers (and "cypherpunks") realized that private digital cash, not controlled by any person, corporation, or nation-state was possible, and various efforts toward this end were undertaken.

But there were problems. While the core cryptography making digital money theoretically possible existed since the 1980s, the incentive structures to control inflation & distribution of the money supply, as well as an elegant solution to the "double spending problem" did not exist until Satoshi Nakamoto published the bitcoin whitepaper in Oct 2008.

Pieces About Bitcoin as a Breakthrough in Computer Science