Bitcoin Marketcap
$1.78T
Gold Marketcap
$15.89T
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
$1.78T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$33.56B
Active Addresses
1.02M
Mining Reward Value (24hr)
$86.1M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
12.94%
BTC Up From Cycle Low
2.19%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.91x
+0.17
+1.92%
M2:BTC (marketcap)
11.97x
+0.25
+2.13%
BTC:Oil (price)
1,351x
-33.95
-2.45%
Gold:Oil (price)
37.51x
-0.22
-0.57%
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:
+117%
+27%
+26%
2 year:
+458%
+45%
+56%
3 year:
+86%
+45%
+27%
4 year:
+268%
+39%
+60%
5 year:
+1,205%
+73%
+84%
6 year:
+2,448%
+105%
+147%
7 year:
+506%
+103%
+122%
8 year:
+10,195%
+131%
+163%
9 year:
+22,315%
+143%
+190%
10 year:
+29,066%
+119%
+185%
11 year:
+12,979%
+116%
+224%
12 year:
+698,984%
+57%
+323%
13 year:
+2.2 million%
+69%
+374%
14 year:
+33 million%
+85%
+373%
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%
$94,289
32
0.55%
$90,000
39
0.67%
$80,000
44
0.75%
$50,000
453
7.77%
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
20 Aug 2020 | | Price when published: $11,812 (ROI since: +698%)
Grayscale Research - Valuing Bitcoin
This report details various metrics that can be used to value bitcoin, including:
- Relative Valuation
- Holder vs Speculator Index
- Bitcoin Held for at least 1yr
- Bitcoin Days Destroyed
- Bitcoin Short Term Revived Supply
- Realized Capitalization
- Stock to Flow
- Bitcoin Held on Exchanges
- Daily Active Addresses
- Whale Index
- Production Value
- Miner Profitability Ratio
EXCERPT
As demand for stores of value grows during this regime of monetary inflation, Bitcoin may be well-positioned given that it is a scarce digital asset. The plethora of blockchain metrics covered in this report indicate that the current market structure is reminiscent of early 2016, the period that preceded Bitcoin’s historic bull run.
Read in Full
What do you think of this piece?
