Bitcoin Marketcap

$1.83T

Gold Marketcap

$15.95T

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

$96,991  πŸ“‰

-$476.13

-0.49%


S&P 500

5,911  πŸ“ˆ

+40.46

+0.69%


Gold

$2,623  πŸ“ˆ

+$0

0%


Silver

$29.52  πŸ“ˆ

+$0.00

0.00%


Euro

$1.0430  πŸ“ˆ

+$0

0%


Yen

Β₯156.42  πŸ“ˆ

+Β₯0

0%


Renminbi (CNY)

Β₯7.2964   

+Β₯0

0%


Oil (WTI)

$69.57  πŸ“ˆ

+$0

0%


BITCOIN STATS

Bitcoin Marketcap

$1.83T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$30.63B


Active Addresses

1.02M


Mining Reward Value (24hr)

$88.8M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

10.31%


BTC Up From Cycle Low

5.28%


RATES & YIELDS

24hr change

UST 3mo

4.35%  πŸ“‰

-0.01

-0.23%


UST 2yr

4.35%  πŸ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  πŸ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  πŸ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  πŸ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

8.72x   

+0.06

+0.66%


M2:BTC (marketcap)

11.65x   

+0.08

+0.69%


BTC:Oil (price)

1,391x   

-9.56

-0.68%


Gold:Oil (price)

37.71x   

+0.00

0.00%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  πŸ“‰

 

-0.5%


M1 Money Supply

$18.24T  πŸ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  πŸ“ˆ

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+121%

+28%

+25%

2 year:

+476%

+46%

+55%

3 year:

+91%

+45%

+26%

4 year:

+313%

+40%

+60%

5 year:

+1,242%

+74%

+83%

6 year:

+2,327%

+106%

+145%

7 year:

+577%

+106%

+120%

8 year:

+10,765%

+132%

+161%

9 year:

+22,105%

+144%

+187%

10 year:

+30,087%

+123%

+184%

11 year:

+14,456%

+117%

+223%

12 year:

+722,348%

+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%

$96,990

23

0.39%

$90,000

37

0.63%

$80,000

42

0.72%

$50,000

451

7.73%

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

5 Oct 2017 | Willy Woo | Price when published: $4,265 (ROI since: +2,174%)

Introducing NVT Ratio - Bitcoin's PE Ratio

Filed under: topic icon fundamentals  medium icon articles

EXCERPT

As you can see the value transmitted on the Bitcoin blockchain is closely tied to its network valuation. The idea that we can use the money flowing through the network as a proxy for network valuation is valid.

We can express this as a ratio. I call it NVT Ratio, short for Network Value to Transactions Ratio.


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