Bitcoin Marketcap
$1.81T
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
$1.81T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$31.05B
Active Addresses
1.02M
Mining Reward Value (24hr)
$88.2M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
11.20%
BTC Up From Cycle Low
4.23%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.80x
+0.15
+1.73%
M2:BTC (marketcap)
11.76x
+0.21
+1.80%
BTC:Oil (price)
1,378x
-24.79
-1.77%
Gold:Oil (price)
37.71x
+0
0%
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:
+121%
+28%
+25%
2 year:
+472%
+46%
+55%
3 year:
+89%
+45%
+26%
4 year:
+310%
+40%
+60%
5 year:
+1,240%
+74%
+83%
6 year:
+2,309%
+106%
+145%
7 year:
+572%
+106%
+120%
8 year:
+10,687%
+132%
+161%
9 year:
+21,946%
+144%
+187%
10 year:
+30,026%
+123%
+184%
11 year:
+14,352%
+117%
+223%
12 year:
+717,170%
+58%
+315%
13 year:
+2.4 million%
+63%
+367%
14 year:
+37 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%
$95,876
28
0.48%
$90,000
37
0.63%
$80,000
42
0.72%
$50,000
451
7.73%
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
Paul Tudor Jones Targets 5% Allocation to BTC
In a CNBC interview this morning, Paul Tudor Jones emphasized that he likes BTC due its certainty, stating:
I like bitcoin. Right? Bitcoin is math. And math has been around for thousands of years. And two plus two is gonna equal four and it will for the next 2000 years. So I like idea of investing in something that's reliable, consistent, honest, and 100% certain. So bitcoin has appeal to me because it's a way for me to invest in certainty.
He went on to contrast bitcoin's certainty with the Federal Reserve, and US politics:
I look at the difference between the Fed at 2013, the Fed at 2021. How can this...do I want to have to faith necessarily....I look at the difference between Trump and Biden...do I want to have faith in that same reliability of human nature?
Finally, Mr Jones suggested a 5% bitcoin position as one of the few holdings he has sufficient conviction in given uncertainty surrounding Fed policy:
I like bitcoin as a portfolio diversifier... The only thing that I know for certain is that I want to have 5% in gold, 5% in bitcoin, 5% in cash, 5% in commodities, at this point in time. I don't know what I want to do with the other 80%. I want to wait and see what the Fed's gonna do, because what they do will have a big impact.
tldr