Bitcoin Marketcap

$1.26T

Gold Marketcap

$14.10T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$66,613  πŸ“‰

-$232.26

-0.35%


S&P 500

5,064  πŸ“ˆ

+59.39

+1.19%


Gold

$2,319  πŸ“ˆ

+$9.27

+0.40%


Silver

$27.26  πŸ“ˆ

+$0.11

+0.40%


Euro

$1.0709  πŸ“ˆ

+$0.01

+0.47%


Yen

Β₯154.80  πŸ“ˆ

+Β₯0.05

+0.03%


Renminbi (CNY)

Β₯7.2445   

-Β₯0

-0%


Oil (WTI)

$83.35  πŸ“ˆ

+$1.26

+1.53%


BITCOIN STATS

Bitcoin Marketcap

$1.26T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$18.63B


Active Addresses

1.02M


Mining Reward Value (24hr)

$61.0M


GBTC Premium

263.07%


MSTR Premium

72.45%


BTC Down From ATH

9.61%


BTC Up From Cycle Low

11.76%


RATES & YIELDS

24hr change

UST 3mo

5.42%  πŸ“‰

-0.03

-0.55%


UST 2yr

4.97%  πŸ“‰

-0.01

-0.2%


UST 10yr

4.62%  πŸ“‰

-0.02

-0.43%


UST 30yr

4.72%  πŸ“‰

-0.02

-0.42%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.41%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“‰

-0.02

-0.9%


RATIOS

24hr change

Gold:BTC (marketcap)

11.20x   

+0.08

+0.75%


M2:BTC (marketcap)

16.50x   

+0.06

+0.36%


BTC:Oil (price)

799.19x   

-15.1

-1.85%


Gold:Oil (price)

27.83x   

-0.31

-1.12%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.41T  πŸ“‰

 

-1.45%


M1 Money Supply

$17.94T  πŸ“‰

 

-0.25%


M2 Money Supply

$20.78T  πŸ“ˆ

+$1.80B

+0.01%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+139%

+16%

+25%

2 year:

+70%

+22%

+19%

3 year:

+34%

+31%

+22%

4 year:

+776%

+33%

+79%

5 year:

+1,194%

+80%

+72%

6 year:

+634%

+76%

+89%

7 year:

+5,120%

+83%

+112%

8 year:

+14,554%

+87%

+142%

9 year:

+29,767%

+92%

+140%

10 year:

+15,166%

+78%

+171%

11 year:

+50,049%

+59%

+220%

12 year:

+1.3 million%

+40%

+262%

13 year:

+3.1 million%

+52%

+273%

14 year:

+2.2 billion%

+98%

+326%

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

$70,000

10

0.18%

$66,612

34

0.61%

$60,000

96

1.72%

$50,000

215

3.85%

$40,000

466

8.34%

$30,000

711

12.72%

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

THE BITCOIN LIBRARY

11 Aug 2020 | Marty Bent, Lyn Alden | Price when published: $11,646 (ROI since: +472%)

Tales from the Crypt: Lyn Alden

Filed under: topic icon macro  medium icon podcasts

Lyn provides an overview of the broad macro backdrop as it pertains to currencies, markets, and money, and how bitcoin fits in. She discusses why bitcoin makes sense now, how it's been de-risked as an investment for a variety of reasons, and catalysts for continued bitcoin appreciation in the macro environment we are now in.

Topics include:
- Bitcoin's network effect
- QE, inequality, and the Triffen dilemma
- Reserve currencies
- Inflation
- Why bitcoin makes sense as an investment, and what the future might look like


Listen Now

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