Bitcoin Marketcap
$1.15T
Gold Marketcap
$16.16T
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
$1.15T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$26.98B
Active Addresses
1.02M
Mining Reward Value (24hr)
$55.5M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
17.49%
BTC Up From Cycle Low
23.14%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
14.05x
-0.16
-1.12%
M2:BTC (marketcap)
18.39x
-0.24
-1.28%
BTC:Oil (price)
823.77x
-29.77
-3.49%
Gold:Oil (price)
35.97x
-1.73
-4.58%
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:
+120%
+46%
+34%
2 year:
+205%
+55%
+51%
3 year:
+21%
+51%
+32%
4 year:
+474%
+39%
+70%
5 year:
+659%
+76%
+93%
6 year:
+828%
+121%
+97%
7 year:
+1,328%
+109%
+123%
8 year:
+9,896%
+111%
+163%
9 year:
+24,734%
+132%
+186%
10 year:
+18,205%
+120%
+189%
11 year:
+49,903%
+102%
+237%
12 year:
+499,197%
+49%
+289%
13 year:
+1.5 million%
+62%
+390%
14 year:
+94 million%
+98%
+390%
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
$70,000
15
0.26%
$60,926
180
3.13%
$60,000
206
3.58%
$50,000
371
6.45%
$40,000
622
10.81%
$30,000
867
15.07%
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
BlackRock Says They've 'Dabbled' in Bitcoin
BlackRock's ($8.6T AUM) Rick Rieder - CIO of Global Fixed Income and Head of the Global Allocation Team, said on CNBC this morning that BlackRock has "started to dabble a bit into" bitcoin.
Mr Rieder specifically noted the search for viable "storehouses of value" as the backdrop for this:
Today the volatility of it is extraordinary, but listen... People are looking for storehouses of value. People are looking for places that could appreciate under the assumption that inflation moves higher and debts are building, so we've started to dabble a bit into it. ... My sense is the technology has evolved, and the regulation has evolved, to the point where a number of people find that it should be part of the portfolio, so that's what's driving the price up.
When pressed regarding what % allocation BlackRock has made to bitcoin or crypto in general, he declined to give specifics but elaborated on their reasoning by saying:
We're holding a lot more cash than we've held historically because duration doesn't work, interest rates don't work as hedge, so diversifying into other assets makes some sense. And so holding some portion of what you hold in cash in things like crypto seems to make some sense to me.
tldr