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Data / MVRV ratio / 2016
Market value divided by realised value: how far the price sits above the network’s cost basis.
MVRV ratio opened 2016 at 1.44× (January 1, 2016) and closed at 2.24× (December 31, 2016), up 55.6%. The high was 2.29× on December 28, 2016 and the low 1.21× on January 15, 2016.
| Month | Month end |
|---|---|
| January 2016 | 1.21× |
| February 2016 | 1.43× |
| March 2016 | 1.34× |
| April 2016 | 1.42× |
| May 2016 | 1.62× |
| June 2016 | 1.88× |
| July 2016 | 1.70× |
| August 2016 | 1.56× |
| September 2016 | 1.63× |
| October 2016 | 1.82× |
| November 2016 | 1.86× |
| December 2016 | 2.24× |
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 · 2015 · 2014 · 2013
Also in 2016: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · 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