Bitcoin Marketcap

$1.74T

Gold Marketcap

$15.81T

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

$91,849  📉

 

-1.94%


S&P 500

5,901  📉

-53.83

-0.9%


Gold

$2,602  📉

-$18.68

-0.71%


Silver

$28.93  📉

-$0.46

-1.56%


Euro

$1.0386  📉

-$0

-0.41%


Yen

¥157.13  📉

-¥0.69

-0.44%


Renminbi (CNY)

¥7.2993   

+¥0.00

+0.01%


Oil (WTI)

$70.95  📈

+$0.68

+0.97%


BITCOIN STATS

Bitcoin Marketcap

$1.74T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$28.09B


Active Addresses

1.02M


Mining Reward Value (24hr)

$84.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

15.07%


BTC Up From Cycle Low

0.66%


RATES & YIELDS

24hr change

UST 3mo

4.35%  📉

-0.05

-1.14%


UST 2yr

4.30%  📈

+0.01

+0.23%


UST 10yr

4.58%  📉

-0.01

-0.22%


UST 30yr

4.76%  📈

+0

0%


Fed Funds (EFFR)

4.33%  📈

+0

0%


US 10yr Breakeven Inflation

2.34%  📉

-0.01

-0.43%


Real Rate (10yr)

2.24%  📉

-0.01

-0.44%


RATIOS

24hr change

Gold:BTC (marketcap)

9.11x   

+0.11

+1.26%


M2:BTC (marketcap)

12.35x   

+0.24

+1.99%


BTC:Oil (price)

1,297x   

-37.04

-2.78%


Gold:Oil (price)

36.63x   

-0.66

-1.78%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  📉

 

-0.28%


M1 Money Supply

$18.37T  📈

+$128B

+0.70%


M2 Money Supply

$21.45T  📈

+$136B

+0.64%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+112%

+26%

+24%

2 year:

+429%

+43%

+54%

3 year:

+97%

+42%

+23%

4 year:

+215%

+37%

+57%

5 year:

+1,200%

+71%

+83%

6 year:

+2,284%

+103%

+136%

7 year:

+552%

+98%

+119%

8 year:

+9,038%

+126%

+161%

9 year:

+21,166%

+145%

+187%

10 year:

+30,569%

+119%

+186%

11 year:

+11,468%

+111%

+221%

12 year:

+688,033%

+55%

+304%

13 year:

+1.8 million%

+62%

+362%

14 year:

+31 million%

+83%

+366%

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%

$91,843

41

0.70%

$90,000

45

0.77%

$80,000

50

0.86%

$50,000

459

7.86%

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

13 Jul 2020 | Jerry Brito | Price when published: $9,275 (ROI since: +890%)

There is no such thing as “a bitcoin”

Filed under: topic icon fundamentals  medium icon blogs

EXCERPT

Many people who generally understand how Bitcoin and its blockchain system works are nevertheless under the erroneous impression that there are such things as atomic units of bitcoin that are moved from address to address and can therefore be tracked on the public chain. I think this mistake has its roots in language and analogy.

Bitcoin is a digital currency, “coin” is in its name, the White Paper describes it as electronic cash and mentions “wallets.” As a result we talk about it like we talk about physical currency; like we talk about paper bills or coins. We say things like, “She gave me a bitcoin.” As a result, people tend to quite justifiably envision bitcoins as atomic units that are passed around. Even if they understand that bitcoins are sub-divisible to eight decimal places, and that those units are called satoshis, they may still think that those are the atomic units.

But the coins and wallets analogy is just that: an analogy. This is not at all how Bitcoin works.


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