Bitcoin Marketcap
$1.82T
Gold Marketcap
$17.80T
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
$1.82T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$11.44B
Active Addresses
1.02M
Mining Reward Value (24hr)
$88.0M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
12.08%
BTC Up From Cycle Low
5.12%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
9.80x
+0.33
+3.43%
M2:BTC (marketcap)
11.85x
+0.12
+1.04%
BTC:Oil (price)
1,366x
-1.42
-0.1%
Gold:Oil (price)
41.65x
+1.39
+3.45%
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:
+81%
+44%
+18%
2 year:
+315%
+62%
+51%
3 year:
+145%
+55%
+39%
4 year:
+98%
+62%
+55%
5 year:
+961%
+78%
+92%
6 year:
+2,424%
+121%
+116%
7 year:
+866%
+121%
+117%
8 year:
+8,000%
+132%
+154%
9 year:
+22,201%
+139%
+210%
10 year:
+37,825%
+141%
+185%
11 year:
+16,814%
+120%
+225%
12 year:
+309,423%
+82%
+297%
13 year:
+2.0 million%
+67%
+339%
14 year:
+11 million%
+107%
+357%
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
29
0.49%
$96,072
60
1.02%
$90,000
87
1.48%
$80,000
92
1.56%
$50,000
501
8.50%
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
Guggenheim Funds Files to Invest up to ~$500mm in GBTC
Guggenheim Funds - managing a total $233B - filed an amendment with the SEC to allow their subsidiary Guggenheim Macro Opportunities Fund, with ~$5B under management, to be able to invest up to 10% of the fund into GBTC.
GBTC is a publicly traded vehicle representing shares of the Grayscale Bitcoin Trust which invests solely in Bitcoin. Given the failure of the SEC to approve a Bitcoin ETF, GBTC has become the de-facto Bitcoin ETF-like product for US markets. It almost always trades at a substantial premium to net-asset-value due to various details of the fund's underlying operating rules.
tldr