Bitcoin Marketcap

$531B

Gold Marketcap

$11.83T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.62%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$28,053  ๐Ÿ“ˆ

+$1,163

+4.33%


S&P 500

4,213  ๐Ÿ“ˆ

+60.79

+1.46%


Gold

$1,945  ๐Ÿ“‰

-$1.62

-0.08%


Silver

$23.32  ๐Ÿ“‰

-$0.01

-0.06%


Euro

$1.0720  ๐Ÿ“‰

-$0

-0.1%


Yen

ยฅ140.73  ๐Ÿ“ˆ

+ยฅ0.07

+0.05%


Renminbi (CNY)

ยฅ7.0647   

+ยฅ-0.00

-0.00%


Oil (WTI)

$73.16  ๐Ÿ“ˆ

+$0.26

+0.36%


BITCOIN STATS

Bitcoin Marketcap

$531B


BTC Inflation Rate (next 1yr)

1.62%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$4.31B


Active Addresses

1.02M


Mining Reward Value (24hr)

$25.8M


GBTC Premium

-12.38%


MSTR Premium

11.47%


BTC Down From ATH

59.11%


BTC Up From Cycle Low

105.21%


RATES & YIELDS

24hr change

UST 3mo

5.38%  ๐Ÿ“ˆ

+0.01

+0.19%


UST 2yr

4.50%  ๐Ÿ“ˆ

+0.19

+4.41%


UST 10yr

3.83%  ๐Ÿ“ˆ

+0.10

+2.68%


UST 30yr

4.01%  ๐Ÿ“ˆ

+0.04

+1.01%


Fed Funds (EFFR)

5.08%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.23%  ๐Ÿ“‰

-0.02

-0.89%


Real Rate (10yr)

1.60%  ๐Ÿ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

22.29x   

-1

-4.29%


M2:BTC (marketcap)

38.96x   

-1.77

-4.36%


BTC:Oil (price)

383.55x   

+15.18

+4.12%


Gold:Oil (price)

26.58x   

-0.13

-0.48%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$8.44T  ๐Ÿ“‰

 

-1.48%


M1 Money Supply

$18.63T  ๐Ÿ“‰

 

-1.66%


M2 Money Supply

$20.67T  ๐Ÿ“‰

 

-0.7%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

-4%

+5%

+2%

2 year:

-20%

+2%

+0.12%

3 year:

+195%

+12%

+39%

4 year:

+231%

+52%

+51%

5 year:

+279%

+50%

+55%

6 year:

+1,151%

+54%

+75%

7 year:

+5,269%

+61%

+101%

8 year:

+12,075%

+64%

+100%

9 year:

+4,388%

+56%

+119%

10 year:

+21,887%

+39%

+157%

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

$40,000

327

6.22%

$30,000

502

9.55%

$28,053

553

10.52%

$20,000

759

14.44%

$10,000

1175

22.35%

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

17 Mar 2020 | Nathaniel Whittemore, Dan Tapiero | Price when published: $5,172 (ROI since: +442%)

Why Bitcoin Is the Only Truly Free Market, Featuring Dan Tapiero

Filed under: topic icon macro  medium icon podcasts

EXCERPT

- How this forthcoming stimulus might impact upon the bitcoin narrative
- Why some traditional safe havens like bonds might not fare well in the coming markets while others like gold are poised to thrive
- Why markets could be positioning for a major bounce back
- Why the Federal Reserve has more tools in its toolkit than popular media and opinion are suggesting
- Why the dollarโ€™s global strength is a major concern
- Why bitcoin is the only truly free market in the world


Listen Now

What do you think of this piece?


MORE FROM Nathaniel Whittemore, Dan Tapiero

MORE FROM MACRO & POLITICS

MORE AUDIO