Bitcoin Marketcap
$1.61T
Gold Marketcap
$18.94T
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
$1.61T
BTC Inflation Rate (next 1yr)
1.17%
% Supply Issued
90.03%
BTC Settlement Volume (24hr)
$12.90B
Real Exchange Volume (24hr)
$16.88B
Active Addresses
1.02M
Mining Reward Value (24hr)
$78.2M
GBTC Premium
200.86%
MSTR Premium
-80.49%
BTC Down From ATH
21.81%
BTC Up From Cycle Low
11.30%
RATES & YIELDS
24hr change
RATIOS
24hr change
Gold:BTC (marketcap)
11.76x
-0.42
-3.41%
M2:BTC (marketcap)
13.46x
-0.44
-3.2%
BTC:Oil (price)
1,196x
+42.15
+3.65%
Gold:Oil (price)
43.75x
+0.05
+0.12%
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:
+21%
+38%
+8%
2 year:
+201%
+59%
+36%
3 year:
+84%
+64%
+23%
4 year:
+45%
+80%
+40%
5 year:
+1,162%
+90%
+125%
6 year:
+1,626%
+140%
+95%
7 year:
+1,075%
+133%
+115%
8 year:
+7,574%
+149%
+138%
9 year:
+20,232%
+155%
+172%
10 year:
+33,543%
+159%
+172%
11 year:
+18,768%
+141%
+203%
12 year:
+63,945%
+99%
+261%
13 year:
+1.7 million%
+92%
+302%
14 year:
+11 million%
+116%
+322%
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%
$85,155
108
1.82%
$80,000
128
2.16%
$70,000
151
2.55%
$60,000
373
6.29%
$50,000
538
9.07%
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
US House Minority Leader Positions Bitcoin as Geo-politically Important
In a CNBC appearance this morning, US House Minority Leader Kevin McCarthy positioned Bitcoin and digital currencies as geo-politically important, especially with respect to China.
CNBC anchor Joe Kernen noted that Congressman McCarthy came on CNBC in 2019 with a "very positive" view of bitcoin, and then asked: "Do you think [Secretary Yellen and Fed Chair Powell] have a good understanding of digital currencies or bitcoin at this point?", to which the Congressman replied:
Well, I think I was right then, and I'm right now. I think they tried to ignore it to make it go away. Jamie Dimon will tell you that from the beginning he was wrong. This is moving towards the future. They should not ignore it. They should not only learn more about it, but the basis is gonna continue to grow. And this is something that those who regulate, those who are in government that make policy, better start understanding what it means for the future because other countries are moving forward, especially China. I do not want America to fall behind. I want the next century to be ours. That's why I want to look forward, not backwards, and not keep my head in the sand.
tldr