First Vitals stand-alone issue. Giving you a heads up on all important fundamental indicators and metrics for bitcoin.
Want to see a specific metric? Let me know.
Takeaways
Price metrics are near ATHs but stable
Investment indicators and models have increased to mid-range
GBTC discount lessening
CME futures volume surged due to ETFs
Network volume is very high, hash rate surging
Fees low
Dollar stable to stronger, gold sideways
In general, network volumes are huge, investment indicators moving out of buy zones into mid-range readings, mining is finally catching up. The market is in a very bullish stance.
Pricing
Bitcoin Price*
$62,335 (-$712, -1.1%)
Market Cap
$1.175 trillion
Sats/$
1,605
Finney (1/10,000 btc)
$6.23
All-time high
$66,950
ATH date (days since)
20 Oct 2021 (5)
% below ATH
7.4%
Gold oz/btc
34.6 oz
Sats/oz
2.88 million
Market cap in gold oz's
657 million
BTC Market cap in gold m. tons
20,445
Oil priced in btc ($)
135,887 sats ($84.25)
S&P500 priced in btc (standard)
7.41 mil sats (4595)
BTC Market Cap as % of US M2
5.6%
Miner Revenue per day
$34.5 mil
Investment Indicators
GBTC Premium
-12.9% (discount lessening)
Stock to Flow Multiple (10d)
0.73 (Low-mid-range)
Mayer Multiple
1.37 (Low-mid-range)
Puell Multiple
1.89 (Mid-range)
ROI 3 mo
44.1%
ROI 52 wk
375%
CME Futures
Front Month Expiry
29 Oct 2021
Total Open Interest
17,433 (+10,000 from last issue)
BITO ETF share
3,877 , 22%
Network
Network volume 24h
3.53 million btc (high, recent spikes, chart below)
