Bitcoin Marketcap

$1.22T

Gold Marketcap

$14.55T

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

$64,372  πŸ“ˆ

+$1,057

+1.67%


S&P 500

4,962  πŸ“‰

-40.46

-0.81%


Gold

$2,394  πŸ“ˆ

+$12.81

+0.54%


Silver

$28.75  πŸ“ˆ

+$0.45

+1.58%


Euro

$1.0650  πŸ“ˆ

+$0.00

+0.07%


Yen

Β₯154.59  πŸ“ˆ

-Β₯0

-0%


Renminbi (CNY)

Β₯7.2399   

+Β₯0.00

+0.01%


Oil (WTI)

$82.89  πŸ“ˆ

+$0.39

+0.47%


BITCOIN STATS

Bitcoin Marketcap

$1.22T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$34.41B


Active Addresses

1.02M


Mining Reward Value (24hr)

$58.9M


GBTC Premium

293.41%


MSTR Premium

59.92%


BTC Down From ATH

12.79%


BTC Up From Cycle Low

7.85%


RATES & YIELDS

24hr change

UST 3mo

5.45%  πŸ“ˆ

+0

0%


UST 2yr

4.93%  πŸ“‰

-0.04

-0.8%


UST 10yr

4.59%  πŸ“‰

-0.08

-1.71%


UST 30yr

4.71%  πŸ“‰

-0.06

-1.26%


Fed Funds (EFFR)

5.33%  πŸ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.40%  πŸ“ˆ

+0.01

+0.42%


Real Rate (10yr)

2.19%  πŸ“‰

-0.09

-3.95%


RATIOS

24hr change

Gold:BTC (marketcap)

11.96x   

-0.13

-1.11%


M2:BTC (marketcap)

17.08x   

-0.26

-1.52%


BTC:Oil (price)

776.59x   

+8.62

+1.12%


Gold:Oil (price)

28.89x   

-0.01

-0.03%


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:

+125%

+20%

+20%

2 year:

+57%

+26%

+12%

3 year:

+17%

+34%

+20%

4 year:

+821%

+41%

+75%

5 year:

+1,108%

+87%

+71%

6 year:

+628%

+78%

+86%

7 year:

+5,098%

+86%

+109%

8 year:

+14,229%

+93%

+137%

9 year:

+27,316%

+101%

+135%

10 year:

+12,981%

+86%

+164%

11 year:

+47,615%

+69%

+218%

12 year:

+1.3 million%

+46%

+261%

13 year:

+3.8 million%

+59%

+272%

14 year:

+2.1 billion%

+109%

+309%

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%

$64,371

44

0.79%

$60,000

91

1.63%

$50,000

210

3.76%

$40,000

461

8.25%

$30,000

706

12.64%

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 Jun 2015 | Trace Mayer | Price when published: $252.74 (ROI since: +25,370%)

The Seven Network Effects of Bitcoin

Filed under: topic icon fundamentals  medium icon articles

Trace outlines 7 types of network effects that occur in the Bitcoin ecosystem:

- Speculation
- Merchant Adoption
- Consumer Adoption
- Security
- Developer Mindshare
- Financialization
- Adoption as a World Reserve Currency

EXCERPT

Bitcoin is a strong currency: it thrives on the internet; it frees its users from 3rd parties; it saves merchants money; it is deflationary; its code can be audited by all; its developers work tirelessly to improve upon it; the list goes on. The above-listed network effects can only serve to strengthen it. Competitors beware.


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