Bitcoin Marketcap
$1.84T
Gold Marketcap
$16.22T
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)
$48.52B
Active Addresses
1.02M
Mining Reward Value (24hr)
$88.6M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
-0.31%
BTC Up From Cycle Low
2.41%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
8.84x
-0.22
-2.38%
M2:BTC (marketcap)
11.57x
-0.46
-3.82%
BTC:Oil (price)
1,395x
+52.58
+3.92%
Gold:Oil (price)
38.47x
+0.65
+1.71%
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:
+160%
+34%
+30%
2 year:
+507%
+53%
+47%
3 year:
+69%
+48%
+26%
4 year:
+428%
+43%
+65%
5 year:
+1,263%
+82%
+89%
6 year:
+2,304%
+118%
+124%
7 year:
+1,096%
+107%
+127%
8 year:
+12,932%
+126%
+167%
9 year:
+29,808%
+149%
+183%
10 year:
+26,023%
+122%
+186%
11 year:
+11,852%
+115%
+228%
12 year:
+782,654%
+54%
+322%
13 year:
+3.9 million%
+58%
+410%
14 year:
+34 million%
+94%
+396%
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
0
0
$97,043
0
0
$90,000
6
0.10%
$80,000
11
0.19%
$50,000
420
7.24%
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
UK Investment Manager Ruffer Adds Bitcoin to Portfolio as 'Potent Insurance Policy'
UK Investment Manager - Ruffer Investment Co - announced today that they have allocated 2.5% of their portfolio (£20B total AUM) to Bitcoin, calling it a 'small but potent insurance policy against the continuing devaluation of the world's major currencies.'
Additionally, they noted they made the BTC allocation in November, after 'reducing the company's exposure to gold.' Full text:
Performance Update & Manager Comment We wanted to give shareholders a short update on performance this year and to let you know about a new allocation to the digital currency bitcoin. The portfolio has made strong progress amid the turmoil of 2020. To the 8th December NAV point the NAV total return is 12.2%. During the panic back in March, the protective assets did all we hoped they would. In the spring and early summer, gold and the inflation-linked bonds performed well. More recently, the economically sensitive equities have reacted very positively to the success of the covid-19 vaccines, leading the portfolio higher. One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive move, one made in November after reducing the company's exposure to gold. The exposure to bitcoin is currently equivalent to around 2.5% of the portfolio. We see this as a small but potent insurance policy against the continuing devaluation of the world's major currencies. Bitcoin diversifies the company's (much larger) investments in gold and inflation-linked bonds, and acts as a hedge to some of the monetary and market risks that we see.
tldr