MVRV USD
Bitcoin
MVRV USD is the ratio of Bitcoin's market value to its realized value, smoothed over a rolling window.
Why it matters
It measures aggregate holder profitability and whether the market is over- or under-valued.
How it is built
Market cap is divided by realized cap and averaged over the given window to reduce noise.
What to watch
Above 1 the average holder is in profit; extremes mark cycle tops and undervalued bottoms.
Measured on this chain
MVRV USD on Bitcoin last read 1.53 on Aug 24, 2026, a change of +22.99% over 30 days, ranging from 1.13 (Jun 30, 2026) to 2.94 (Nov 21, 2024).
- Latest reading
- 1.53
- Aug 24, 2026
- Change
- 1d +1.44%
- 30d +22.99%
- 90d +5.83%
- 1y -34.16%
- Range
- Low 1.13·Jun 30, 2026
- High 2.94·Nov 21, 2024
- Coverage
- Jul 19, 2024 — Aug 24, 2026
- 767 readings
| Date | Value |
|---|---|
| Aug 13, 2026 | 1.23 |
| Aug 14, 2026 | 1.22 |
| Aug 15, 2026 | 1.22 |
| Aug 16, 2026 | 1.22 |
| Aug 17, 2026 | 1.25 |
| Aug 18, 2026 | 1.26 |
| Aug 19, 2026 | 1.35 |
| Aug 20, 2026 | 1.42 |
| Aug 21, 2026 | 1.52 |
| Aug 22, 2026 | 1.49 |
| Aug 23, 2026 | 1.51 |
| Aug 24, 2026 | 1.53 |
Read from our own stored series, not quoted from a page.