Bitcoin Marketcap

$1.80T

Gold Marketcap

$15.95T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$95,052  πŸ“‰

 

-2.7%


S&P 500

5,911  πŸ“ˆ

+40.46

+0.69%


Gold

$2,623  πŸ“ˆ

+$0.00

0.00%


Silver

$29.52  πŸ“ˆ

+$0

0%


Euro

$1.0430  πŸ“ˆ

+$0

0%


Yen

Β₯156.42  πŸ“ˆ

+Β₯-0.00

-0.00%


Renminbi (CNY)

Β₯7.2964   

+Β₯-0.00

-0.00%


Oil (WTI)

$69.57  πŸ“ˆ

+$0

0%


BITCOIN STATS

Bitcoin Marketcap

$1.80T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$25.63B


Active Addresses

1.02M


Mining Reward Value (24hr)

$86.5M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

12.59%


BTC Up From Cycle Low

2.60%


RATES & YIELDS

24hr change

UST 3mo

4.35%  πŸ“‰

-0.01

-0.23%


UST 2yr

4.35%  πŸ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  πŸ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  πŸ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  πŸ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

8.88x   

+0.25

+2.84%


M2:BTC (marketcap)

11.87x   

+0.34

+2.95%


BTC:Oil (price)

1,365x   

-40.24

-2.86%


Gold:Oil (price)

37.71x   

+0.00

0.00%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  πŸ“‰

 

-0.5%


M1 Money Supply

$18.24T  πŸ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  πŸ“ˆ

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+116%

+28%

+25%

2 year:

+462%

+46%

+55%

3 year:

+86%

+45%

+26%

4 year:

+303%

+40%

+60%

5 year:

+1,212%

+74%

+83%

6 year:

+2,268%

+106%

+145%

7 year:

+561%

+106%

+120%

8 year:

+10,502%

+132%

+161%

9 year:

+21,569%

+144%

+187%

10 year:

+29,415%

+123%

+184%

11 year:

+14,105%

+117%

+223%

12 year:

+704,899%

+58%

+315%

13 year:

+2.3 million%

+63%

+367%

14 year:

+37 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%

$95,052

29

0.50%

$90,000

37

0.63%

$80,000

42

0.72%

$50,000

451

7.73%

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

29 Jan 2020 | Van Eck | Price when published: $9,353 (ROI since: +916%)

The Investment Case for Bitcoin

Filed under: topic icon investment  medium icon blogs

This piece explores bitcoin from a fund perspective; correlation, asymmetric return profile, growth, and adoption.

EXCERPT

If bitcoin is increasingly used as an asset with monetary value, what role might it play within an investment portfolio?

Bitcoin may potentially increase portfolio diversification because of its low correlation to traditional asset classes, including broad market equity indices, bonds and gold.


Read in Full

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