Bitcoin Marketcap
$1.84T
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
$1.84T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$44.01B
Active Addresses
1.02M
Mining Reward Value (24hr)
$89.2M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
10.21%
BTC Up From Cycle Low
5.42%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.68x
-0.25
-2.76%
M2:BTC (marketcap)
11.60x
-0.41
-3.4%
BTC:Oil (price)
1,397x
+25.83
+1.88%
Gold:Oil (price)
37.71x
-0.22
-0.59%
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:
+124%
+28%
+25%
2 year:
+481%
+46%
+55%
3 year:
+96%
+45%
+26%
4 year:
+315%
+40%
+60%
5 year:
+1,249%
+77%
+83%
6 year:
+2,362%
+109%
+149%
7 year:
+583%
+106%
+120%
8 year:
+10,707%
+132%
+161%
9 year:
+21,332%
+144%
+187%
10 year:
+29,727%
+123%
+184%
11 year:
+14,732%
+117%
+223%
12 year:
+729,271%
+58%
+315%
13 year:
+2.4 million%
+63%
+367%
14 year:
+38 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%
$97,208
21
0.36%
$90,000
36
0.62%
$80,000
41
0.70%
$50,000
450
7.72%
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
Tesla Buys $1.5B In BTC, Plans to Accept BTC as Payment for Products
In an SEC filing released today, Tesla disclosed that it has purchased $1.5 billion worth of Bitcoin, and further discussed plans to accept BTC as a form of payment for Tesla products.
The document states:
In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.
tldr