MVRV USD 2y
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 2Y 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 2y on Bitcoin last read 0.9011 on Aug 24, 2026, a change of +24.18% over 30 days, ranging from 0.6574 (Jun 30, 2026) to 1.74 (Nov 21, 2024).
- Latest reading
- 0.9011
- Aug 24, 2026
- Change
- 1d +1.43%
- 30d +24.18%
- 90d +7.77%
- 1y -30.79%
- Range
- Low 0.6574·Jun 30, 2026
- High 1.74·Nov 21, 2024
- Coverage
- Jul 19, 2024 — Aug 24, 2026
- 767 readings
| Date | Value |
|---|---|
| Aug 13, 2026 | 0.7238 |
| Aug 14, 2026 | 0.7192 |
| Aug 15, 2026 | 0.7198 |
| Aug 16, 2026 | 0.7178 |
| Aug 17, 2026 | 0.7372 |
| Aug 18, 2026 | 0.7396 |
| Aug 19, 2026 | 0.7923 |
| Aug 20, 2026 | 0.8355 |
| Aug 21, 2026 | 0.8955 |
| Aug 22, 2026 | 0.8809 |
| Aug 23, 2026 | 0.8883 |
| Aug 24, 2026 | 0.9011 |
Read from our own stored series, not quoted from a page.