Cryp2Nova

MVRV USD 5y

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 5Y 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 5y on Bitcoin last read 1.06 on Aug 24, 2026, a change of +22.81% over 30 days, ranging from 0.7816 (Jun 30, 2026) to 2.07 (Nov 21, 2024).

Latest reading
1.06
Aug 24, 2026
Change
1d +1.44%
30d +22.81%
90d +6%
1y -35.11%
Range
Low 0.7816·Jun 30, 2026
High 2.07·Nov 21, 2024
Coverage
Jul 19, 2024 — Aug 24, 2026
767 readings
Recent readings
DateValue
Aug 13, 20260.8508
Aug 14, 20260.845
Aug 15, 20260.8457
Aug 16, 20260.8432
Aug 17, 20260.8659
Aug 18, 20260.8686
Aug 19, 20260.9304
Aug 20, 20260.981
Aug 21, 20261.05
Aug 22, 20261.03
Aug 23, 20261.04
Aug 24, 20261.06

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

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