Bitcoin Marketcap

$1.81T

Gold Marketcap

$17.88T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$95,494  ๐Ÿ“‰

 

-1.63%


S&P 500

6,015  ๐Ÿ“‰

-56.89

-0.94%


Gold

$2,941  ๐Ÿ“ˆ

+$80.03

+2.80%


Silver

$32.68  ๐Ÿ“ˆ

+$0.85

+2.66%


Euro

$1.0514  ๐Ÿ“ˆ

+$0.02

+1.76%


Yen

ยฅ149.26  ๐Ÿ“‰

-ยฅ2.15

-1.42%


Renminbi (CNY)

ยฅ7.2510   

-ยฅ0.04

-0.51%


Oil (WTI)

$70.19  ๐Ÿ“‰

-$0.87

-1.22%


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)

$13.23B


Active Addresses

1.02M


Mining Reward Value (24hr)

$87.4M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

12.66%


BTC Up From Cycle Low

4.43%


RATES & YIELDS

24hr change

UST 3mo

4.33%  ๐Ÿ“‰

-0.01

-0.23%


UST 2yr

4.17%  ๐Ÿ“‰

-0.04

-0.95%


UST 10yr

4.43%  ๐Ÿ“‰

-0.09

-1.99%


UST 30yr

4.64%  ๐Ÿ“‰

-0.11

-2.32%


Fed Funds (EFFR)

4.33%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.42%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

2.01%  ๐Ÿ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

9.90x   

+0.43

+4.57%


M2:BTC (marketcap)

11.92x   

+0.19

+1.60%


BTC:Oil (price)

1,361x   

-6.34

-0.46%


Gold:Oil (price)

41.92x   

+1.66

+4.12%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.78T  ๐Ÿ“‰

 

-0.72%


M1 Money Supply

$18.46T  ๐Ÿ“ˆ

+$90.10B

+0.49%


M2 Money Supply

$21.53T  ๐Ÿ“ˆ

+$86.20B

+0.40%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+79%

+44%

+18%

2 year:

+312%

+62%

+51%

3 year:

+144%

+56%

+39%

4 year:

+97%

+63%

+55%

5 year:

+954%

+79%

+92%

6 year:

+2,406%

+122%

+116%

7 year:

+859%

+122%

+117%

8 year:

+7,943%

+134%

+154%

9 year:

+22,044%

+140%

+210%

10 year:

+37,590%

+142%

+185%

11 year:

+16,695%

+121%

+225%

12 year:

+307,235%

+83%

+297%

13 year:

+2.0 million%

+68%

+339%

14 year:

+11 million%

+108%

+357%

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

29

0.49%

$95,538

65

1.10%

$90,000

87

1.48%

$80,000

92

1.56%

$50,000

501

8.50%

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

12 May 2020 | David Leibowitz | Price when published: $8,712 (ROI since: +997%)

The Death of Fixed Income and the Rise of Bitcoin

Filed under: topic icon investment  medium icon blogs

EXCERPT

With the destruction of the fixed income markets, the search for investable alpha has already begun. The banking system has lost an asset class that represented a huge share of its annual fees. Bitcoin, young and maturing quickly, is already being offered to select clients by several global asset managers and international banks.

Itโ€™s when, not if the asset class that is cryptocurrency goes mainstream. Bitcoin hit its high in December, 2017 at $20k/BTC. With accelerated adoption, the current entry point of roughly $9k/BTC seems like a value proposition.


Read in Full

What do you think of this piece?


MORE FROM INVESTMENT

MORE OLDER CONTENT