Bitcoin Yardstick
Bitcoin
The Bitcoin Yardstick compares market cap to the network's hash rate, a valuation-versus-security gauge.
Why it matters
It flags when price is cheap or expensive relative to the mining power securing the chain.
How it is built
Market cap is divided by hash rate and standardized against its historical average.
What to watch
Low readings suggest price is cheap relative to security spend; high readings suggest overvaluation.
Measured on this chain
Bitcoin Yardstick on Bitcoin last read 950,312,147.96T on Sep 24, 2026, a change of +5.52% over 30 days, ranging from 569,048,773.5T (Jul 17, 2024) to 1,116,498,453.9T (Oct 29, 2025).
- Latest reading
- 950,312,147.96T
- Sep 24, 2026
- Change
- 1d 0%
- 30d +5.52%
- 90d +6.26%
- 1y -6.73%
- Range
- Low 569,048,773.5T·Jul 17, 2024
- High 1,116,498,453.9T·Oct 29, 2025
- Coverage
- Jul 17, 2024 — Sep 24, 2026
- 800 readings
| Date | Value |
|---|---|
| Sep 13, 2026 | 912,328,289.46T |
| Sep 14, 2026 | 912,328,289.46T |
| Sep 15, 2026 | 912,328,289.46T |
| Sep 16, 2026 | 912,328,289.46T |
| Sep 17, 2026 | 912,328,289.46T |
| Sep 18, 2026 | 912,328,289.46T |
| Sep 19, 2026 | 950,312,147.96T |
| Sep 20, 2026 | 950,312,147.96T |
| Sep 21, 2026 | 950,312,147.96T |
| Sep 22, 2026 | 950,312,147.96T |
| Sep 23, 2026 | 950,312,147.96T |
| Sep 24, 2026 | 950,312,147.96T |
Read from our own stored series, not quoted from a page.