Bitcoin Marketcap
$1.86T
Gold Marketcap
$15.95T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
SEARCHKEY MARKETS
24hr change
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)
$48.93B
Active Addresses
1.02M
Mining Reward Value (24hr)
$89.8M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
9.60%
BTC Up From Cycle Low
6.15%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.60x
-0.42
-4.68%
M2:BTC (marketcap)
11.49x
-0.6
-5%
BTC:Oil (price)
1,410x
+54.92
+4.05%
Gold:Oil (price)
37.71x
-0.18
-0.48%
US GOVERNMENT STATS
30-day change
BTC ROI
Bitcoin & Traditional Assets ROI (vs USD)
BTC vs Traditional Assets ROI:
Bitcoin
Gold
S&P 500
1 year:
+123%
+28%
+25%
2 year:
+484%
+46%
+55%
3 year:
+97%
+45%
+26%
4 year:
+317%
+40%
+60%
5 year:
+1,247%
+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:
+29,681%
+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%
$98,121
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 Digital Gold
One of the most common, and best, ways to think about bitcoin is as "digital gold". Like gold, bitcoin doesn't rely on a central issuer, can't have its supply manipulated by any authority, and has fundamental properties long considered important for a monetary good and store of value.
Unlike gold, bitcoin is extremely easy and cheap to "transport", and trivial to verify its authenticity. Bitcoin is also "programmable". This means custody of bitcoin can be extremely flexible. It can be split amongst a set of people ("key holders"), backed up and encrypted, or even frozen-in-place until a certain date in the future. This is all done without a central authority managing the process. It's also possible to walk across a national border with bitcoin "stored" in your head by memorizing a key.
The similarities to gold, plus the unique features possible because bitcoin is purely digital, give it the "digital gold" moniker. Sharing fundamental properties with gold means it shares use-cases with gold, such as hedging inflation and political uncertainty. But being digital, bitcoin adds capabilities that are especially relevant in our modern electronic times. The world does indeed need a digital version of gold.
Pieces About Bitcoin as Digital Gold
