Bitcoin Marketcap
$1.56T
Gold Marketcap
$18.58T
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
$1.56T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$22.57B
Active Addresses
1.02M
Mining Reward Value (24hr)
$75.8M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
24.11%
BTC Up From Cycle Low
8.03%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.93x
-0.26
-2.15%
M2:BTC (marketcap)
13.90x
-0.02
-0.17%
BTC:Oil (price)
1,350x
+111.89
+9.04%
Gold:Oil (price)
49.63x
+2.74
+5.85%
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:
+23%
+33%
+4%
2 year:
+194%
+51%
+32%
3 year:
+87%
+61%
+21%
4 year:
+41%
+77%
+32%
5 year:
+1,076%
+83%
+115%
6 year:
+1,546%
+136%
+86%
7 year:
+1,127%
+129%
+105%
8 year:
+6,880%
+143%
+129%
9 year:
+19,637%
+148%
+162%
10 year:
+33,093%
+154%
+159%
11 year:
+18,126%
+135%
+190%
12 year:
+47,147%
+94%
+246%
13 year:
+1.7 million%
+88%
+285%
14 year:
+11 million%
+108%
+304%
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
$90,000
91
1.53%
$82,380
127
2.14%
$80,000
131
2.21%
$70,000
154
2.60%
$60,000
376
6.34%
$50,000
541
9.12%
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
New Treasury Secretary Pick Janet Yellen Expected to Accelerate Gov Spending
Biden unveiled Janet Yellen as his pick for Treasury Secretary, yesterday, suggesting a tight working relationship between treasury and Jerome Powell's Fed. Powell's recent re-orienting of the Fed towards tolerating higher inflation and focusing more on employment goals dovetails well with some of Yellen's recent comments:
“While the pandemic is still seriously affecting the economy we need to continue extraordinary fiscal support, but even beyond that I think it will be necessary,” Yellen said Oct. 19 on Bloomberg Television. “We can afford to have more debt,” she added, because interest rates will probably be low “for many years to come.”
tldr