Bitcoin Marketcap

$1.84T

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

$97,595  📈

+$3,706

+3.95%


S&P 500

5,911  📈

+40.46

+0.69%


Gold

$2,623  📈

+$20.22

+0.78%


Silver

$29.52  📈

+$0.61

+2.10%


Euro

$1.0430  📈

+$0.00

+0.35%


Yen

¥156.42  📉

-¥0.29

-0.19%


Renminbi (CNY)

¥7.2964   

-¥0

-0.04%


Oil (WTI)

$69.57  📈

+$0.94

+1.37%


BITCOIN STATS

Bitcoin Marketcap

$1.84T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$44.77B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

9.80%


BTC Up From Cycle Low

5.91%


RATES & YIELDS

24hr change

UST 3mo

4.35%  📉

-0.01

-0.23%


UST 2yr

4.35%  📈

+0.10

+2.35%


UST 10yr

4.50%  📈

+0.10

+2.27%


UST 30yr

4.65%  📈

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  📉

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  📈

+0

0%


Real Rate (10yr)

2.21%  📈

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.64x   

-0.27

-3.05%


M2:BTC (marketcap)

11.55x   

-0.48

-3.96%


BTC:Oil (price)

1,403x   

+37.41

+2.74%


Gold:Oil (price)

37.71x   

-0.24

-0.62%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  📉

 

-0.5%


M1 Money Supply

$18.24T  📈

+$86.00B

+0.47%


M2 Money Supply

$21.31T  📈

+$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:

+481%

+46%

+55%

3 year:

+96%

+45%

+26%

4 year:

+315%

+40%

+60%

5 year:

+1,249%

+77%

+83%

6 year:

+2,362%

+109%

+149%

7 year:

+583%

+106%

+120%

8 year:

+10,707%

+132%

+161%

9 year:

+21,332%

+144%

+187%

10 year:

+29,727%

+123%

+184%

11 year:

+14,732%

+117%

+223%

12 year:

+729,271%

+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%

$97,594

17

0.29%

$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

sharpe 5yr

DOUBLING TIME

doubling time

THE BITCOIN LIBRARY

19 May 2017 | Saifedean Ammous | Price when published: $1,933 (ROI since: +4,949%)

Economics of Bitcoin as a settlement network

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Bitcoin is money free of counter-party risk, and its network can offer final settlement of large volume payments within minutes. Bitcoin can thus best be compared to settlement payments between central banks and large financial institutions, and it compares favorably to them, being infinitely cheaper and more verifiable. The only other form of money in history which is free of counter-party risk is gold, and moving that around is incomparably more expensive.


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