MVRV USD 180d
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. This particular series is measured over the 180D window.
What to watch
Above 1 the average holder is in profit; extremes mark cycle tops and undervalued bottoms.
Measured on this chain
MVRV USD 180d on Bitcoin last read 1.13 on Aug 23, 2026, a change of +22.76% over 30 days, ranging from 0.6495 (Feb 5, 2026) to 1.38 (Nov 21, 2024).
- Latest reading
- 1.13
- Aug 23, 2026
- Change
- 1d +0.75%
- 30d +22.76%
- 90d +16.75%
- 1y +3.2%
- Range
- Low 0.6495·Feb 5, 2026
- High 1.38·Nov 21, 2024
- Coverage
- Jul 19, 2024 — Aug 23, 2026
- 766 readings
| Date | Value |
|---|---|
| Aug 12, 2026 | 0.9336 |
| Aug 13, 2026 | 0.9341 |
| Aug 14, 2026 | 0.9285 |
| Aug 15, 2026 | 0.9294 |
| Aug 16, 2026 | 0.9267 |
| Aug 17, 2026 | 0.9517 |
| Aug 18, 2026 | 0.9543 |
| Aug 19, 2026 | 1.02 |
| Aug 20, 2026 | 1.07 |
| Aug 21, 2026 | 1.15 |
| Aug 22, 2026 | 1.13 |
| Aug 23, 2026 | 1.13 |
Read from our own stored series, not quoted from a page.