Bitcoin Marketcap
$1.85T
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
$1.85T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$47.15B
Active Addresses
1.02M
Mining Reward Value (24hr)
$89.6M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
9.68%
BTC Up From Cycle Low
6.05%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.60x
-0.43
-4.79%
M2:BTC (marketcap)
11.50x
-0.69
-5.66%
BTC:Oil (price)
1,409x
+59.74
+4.43%
Gold:Oil (price)
37.71x
-0.29
-0.76%
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:
+124%
+28%
+25%
2 year:
+484%
+46%
+55%
3 year:
+97%
+45%
+26%
4 year:
+317%
+40%
+60%
5 year:
+1,249%
+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:
+29,727%
+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%
$98,070
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
THE BITCOIN LIBRARY
6 May 2020 | | Price when published: $9,090 (ROI since: +979%)
May 2020 BVI Letter - Macro Outlook
Filed under: 
fundamentals 
articles
Paul Tudor Jones lays out the case for bitcoin. First describing where the world sits from a macro-economic perspective, PTJ takes us through he and his firm's process of arriving at the specific trades to position for the world we're now in. He concludes that bitcoin has by far the best expected-value against all other assets which can meaningfully serve as a store of value in an inflationary economic regime.
EXCERPT
"At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin."
"What was surprising to me was not that Bitcoin came in last, but that it scored as high as it did. Bitcoin had an overall score nearly 60% of that of financial assets but has a market cap that is 1/1200th of that. It scores 66% of gold as a store of value, but has a market cap that is 1/60th of gold’s outstanding value. Something appears wrong here and my guess is it is the price of Bitcoin"
"Bitcoin reminds me of gold when I first got in the business in 1976."
Read in Full
What do you think of this piece?