Cryp2Nova

MVRV USD 3y

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 3Y 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 3y on Bitcoin last read 0.9489 on Aug 24, 2026, a change of +23.59% over 30 days, ranging from 0.6962 (Jun 30, 2026) to 1.89 (Nov 21, 2024).

Latest reading
0.9489
Aug 24, 2026
Change
1d +1.4%
30d +23.59%
90d +6.37%
1y -35.11%
Range
Low 0.6962·Jun 30, 2026
High 1.89·Nov 21, 2024
Coverage
Jul 19, 2024Aug 24, 2026
767 readings
Recent readings
DateValue
Aug 13, 20260.7631
Aug 14, 20260.7582
Aug 15, 20260.7588
Aug 16, 20260.7565
Aug 17, 20260.7768
Aug 18, 20260.7793
Aug 19, 20260.8348
Aug 20, 20260.8802
Aug 21, 20260.9433
Aug 22, 20260.928
Aug 23, 20260.9357
Aug 24, 20260.9489

Read from our own stored series, not quoted from a page.

Related metrics

MVRV USD 3y — Bitcoin · Cryp2Nova