Bitcoin Marketcap

$1.20T

Gold Marketcap

$32.05T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$63,590  ๐Ÿ“‰

 

-5.5%


S&P 500

6,868  ๐Ÿ“‰

-31.75

-0.46%


Gold

$5,271  ๐Ÿ“ˆ

+$92.71

+1.79%


Silver

$93.84  ๐Ÿ“ˆ

+$4.14

+4.61%


Euro

$1.1817  ๐Ÿ“ˆ

+$0.00

+0.09%


Yen

ยฅ156.07  ๐Ÿ“‰

-ยฅ0.11

-0.07%


Renminbi (CNY)

ยฅ6.8582   

+ยฅ0.02

+0.24%


Oil (WTI)

$67.02  ๐Ÿ“ˆ

+$0.57

+0.86%


BITCOIN STATS

Bitcoin Marketcap

$1.20T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$24.67B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.3M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

49.55%


BTC Up From Cycle Low

5.78%


RATES & YIELDS

24hr change

UST 3mo

3.68%  ๐Ÿ“‰

-0.01

-0.27%


UST 2yr

3.45%  ๐Ÿ“ˆ

+0.02

+0.58%


UST 10yr

4.05%  ๐Ÿ“ˆ

+0.01

+0.25%


UST 30yr

4.70%  ๐Ÿ“ˆ

+0

0%


Fed Funds (EFFR)

3.64%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.25%  ๐Ÿ“‰

-0.03

-1.32%


Real Rate (10yr)

1.77%  ๐Ÿ“ˆ

+0.01

+0.57%


RATIOS

24hr change

Gold:BTC (marketcap)

26.65x   

+1.93

+7.79%


M2:BTC (marketcap)

18.67x   

+1.03

+5.83%


BTC:Oil (price)

948.82x   

-68.15

-6.7%


Gold:Oil (price)

78.64x   

+0.47

+0.60%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.61T  ๐Ÿ“ˆ

+$26.23B

+0.40%


M1 Money Supply

$19.19T  ๐Ÿ“ˆ

+$82.60B

+0.43%


M2 Money Supply

$22.44T  ๐Ÿ“ˆ

+$31.10B

+0.14%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

-25%

+84%

+16%

2 year:

+3%

+155%

+34%

3 year:

+171%

+187%

+74%

4 year:

+45%

+174%

+58%

5 year:

+30%

+205%

+77%

6 year:

+634%

+237%

+127%

7 year:

+1,578%

+303%

+145%

8 year:

+483%

+299%

+154%

9 year:

+4,924%

+328%

+188%

10 year:

+14,994%

+322%

+245%

11 year:

+23,047%

+338%

+225%

12 year:

+9,363%

+292%

+269%

13 year:

+186,026%

+235%

+351%

14 year:

+1.4 million%

+208%

+401%

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

$70,000

411

6.56%

$63,590

557

8.89%

$60,000

653

10.42%

$50,000

818

13.06%

$40,000

1069

17.07%

$30,000

1314

20.98%

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

26 Mar 2020 | Brady Swenson, Dan Tapiero | Price when published: $6,712 (ROI since: +847%)

Dan Tapiero: Macro in the Time of Corona

Filed under: topic icon macro  medium icon podcasts

EXCERPT

Dan brings his considerable experience in the macro markets and his deepening understanding of Bitcoin to the podcast at a critical time for the global economy.


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