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Data / MVRV ratio / 2015
Market value divided by realised value: how far the price sits above the network’s cost basis.
MVRV ratio opened 2015 at 0.98× (January 1, 2015) and closed at 1.43× (December 31, 2015), up 45.1%. The high was 1.56× on December 15, 2015 and the low 0.56× on January 14, 2015.
| Month | Month end |
|---|---|
| January 2015 | 0.71× |
| February 2015 | 0.85× |
| March 2015 | 0.82× |
| April 2015 | 0.81× |
| May 2015 | 0.79× |
| June 2015 | 0.92× |
| July 2015 | 0.99× |
| August 2015 | 0.83× |
| September 2015 | 0.85× |
| October 2015 | 1.12× |
| November 2015 | 1.30× |
| December 2015 | 1.43× |
Market capitalisation divided by realised capitalisation. At 1 the average coin is worth what it last moved at; below 1 the network as a whole holds at a loss, which has marked every cycle bottom; above 3.5 the average holder sits on more than 250% and cycle tops have followed.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2014 · 2013
Also in 2015: Bitcoin price · Distance from the all-time high · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price · What a bitcoin costs us to mine, against the market