Bitcoin Marketcap

$1.81T

Gold Marketcap

$15.96T

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

$95,518  📉

 

-2.52%


S&P 500

6,022  📈

+0

0%


Gold

$2,625  📈

+$6.60

+0.25%


Silver

$29.66  📈

+$0.04

+0.13%


Euro

$1.0394  📉

-$0

-0.31%


Yen

¥157.63  📈

+¥0.30

+0.19%


Renminbi (CNY)

¥7.2985   

-¥0

-0%


Oil (WTI)

$70.41  📈

+$0.23

+0.33%


BITCOIN STATS

Bitcoin Marketcap

$1.81T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$23.31B


Active Addresses

1.02M


Mining Reward Value (24hr)

$87.4M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

11.71%


BTC Up From Cycle Low

3.63%


RATES & YIELDS

24hr change

UST 3mo

4.34%  📉

-0.01

-0.23%


UST 2yr

4.30%  📉

-0.02

-0.46%


UST 10yr

4.52%  📉

-0.05

-1.09%


UST 30yr

4.72%  📉

-0.02

-0.42%


Fed Funds (EFFR)

4.33%  📈

+0

0%


US 10yr Breakeven Inflation

2.35%  📈

+0.06

+2.62%


Real Rate (10yr)

2.17%  📉

-0.06

-2.69%


RATIOS

24hr change

Gold:BTC (marketcap)

8.83x   

+0.24

+2.79%


M2:BTC (marketcap)

11.80x   

+0.31

+2.69%


BTC:Oil (price)

1,357x   

-39.28

-2.81%


Gold:Oil (price)

37.27x   

-0.03

-0.08%


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:

+122%

+27%

+26%

2 year:

+475%

+45%

+59%

3 year:

+95%

+45%

+26%

4 year:

+262%

+40%

+62%

5 year:

+1,202%

+73%

+86%

6 year:

+2,414%

+105%

+142%

7 year:

+562%

+103%

+125%

8 year:

+9,921%

+128%

+168%

9 year:

+22,174%

+147%

+191%

10 year:

+30,508%

+121%

+188%

11 year:

+13,140%

+116%

+227%

12 year:

+711,428%

+58%

+326%

13 year:

+2.3 million%

+68%

+375%

14 year:

+32 million%

+86%

+378%

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%

$95,548

31

0.53%

$90,000

41

0.70%

$80,000

46

0.79%

$50,000

455

7.80%

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

21 Apr 2011 | Mencius Moldbug | Price when published: $1.18 (ROI since: +8,121,906%)

On Monetary Restandardization

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

So even if the probability of Bitcoin succeeding is epsilon, a million to one, it’s still worthwhile for anyone to buy at least a few bitcoins now. The currency thus derives an initial value from this probability, and boots itself into existence from pure worthlessness—becoming a viable repository of savings. If a very strange, dangerous and unstable one.

I think the probability of Bitcoin succeeding is very low. I would not put it at a million to one, though, so I recommend that you go out and buy a few bitcoins if you have the technical chops. My financial advice is to not buy more than ten,2 which should be F-U money if Bitcoin wins.


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