Bitcoin Marketcap

$1.84T

Gold Marketcap

$15.95T

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

$97,294  πŸ“ˆ

+$3,177

+3.38%


S&P 500

5,911  πŸ“ˆ

+40.46

+0.69%


Gold

$2,623  πŸ“ˆ

+$19.31

+0.74%


Silver

$29.52  πŸ“ˆ

+$0.60

+2.09%


Euro

$1.0430  πŸ“ˆ

+$0.00

+0.35%


Yen

Β₯156.42  πŸ“‰

-Β₯0.29

-0.19%


Renminbi (CNY)

Β₯7.2964   

-Β₯0

-0.04%


Oil (WTI)

$69.57  πŸ“ˆ

+$0.74

+1.08%


BITCOIN STATS

Bitcoin Marketcap

$1.84T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$44.01B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

10.21%


BTC Up From Cycle Low

5.42%


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

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.67x   

-0.23

-2.55%


M2:BTC (marketcap)

11.59x   

-0.41

-3.45%


BTC:Oil (price)

1,399x   

+31.13

+2.28%


Gold:Oil (price)

37.71x   

-0.1

-0.27%


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:

+121%

+28%

+25%

2 year:

+481%

+46%

+55%

3 year:

+96%

+45%

+26%

4 year:

+315%

+40%

+60%

5 year:

+1,233%

+77%

+83%

6 year:

+2,362%

+109%

+149%

7 year:

+583%

+106%

+120%

8 year:

+10,707%

+132%

+161%

9 year:

+21,332%

+144%

+187%

10 year:

+29,378%

+123%

+184%

11 year:

+14,732%

+117%

+223%

12 year:

+729,271%

+58%

+315%

13 year:

+2.4 million%

+63%

+367%

14 year:

+38 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%

$97,118

21

0.36%

$90,000

36

0.62%

$80,000

41

0.70%

$50,000

450

7.72%

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 May 2020 | Medio Demarco | Price when published: $8,655 (ROI since: +1,024%)

The State of Bitcoin 2020

Filed under: topic icon fundamentals  medium icon reports

This extensive report dives into all aspects of the bitcoin ecosystem, building the case for bitcoin through a combination of fundamentals, macro, and data-driven analysis. This piece includes dozens of charts and tables that contextualize bitcoin for the reader across everything from macro and central bank liquidity, to on-chain fundamentals and large-trader positioning.

Major topics covered include:
- Why Bitcoin? Why Now?
- Adoption & Distribution
- Exchange Flows
- UTXO Analysis
- Upcoming Upgrades
- Lightning Network
- Mining Analysis
- Contributor Pieces

EXCERPT

In our view, Bitcoin's value is backed by the demand for a non-sovereign, censorship resistant, digitally native asset with a perdetermined, hard-capped supply. Therefore, its current value is backed by the demand for an apolitical speculative asset that may or may not turn out to be one of the world's most valuable safe havens. Bitcoin, at its most primitive level, represents the ultimate check on monetary and fiscal authorities by providing a non-sovereign, censorship resistant alternative to today's monetary system.


Growth in Major Central Bank Total Assets


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