MVRV USD Z Score
Bitcoin
The MVRV USD Z-Score standardizes MVRV into standard-deviation units around its historical mean.
Why it matters
It identifies extreme over- and under-valuation on a normalized basis.
How it is built
Market cap minus realized cap is divided by the standard deviation of market cap.
What to watch
Historically, high extremes marked cycle tops and low values marked bottoms.
Measured on this chain
MVRV USD Z Score on Bitcoin last read 0.8962 on Aug 24, 2026, a change of +113.92% over 30 days, ranging from 0.244 (Jun 30, 2026) to 3.63 (Dec 17, 2024).
- Latest reading
- 0.8962
- Aug 24, 2026
- Change
- 1d +4.2%
- 30d +113.92%
- 90d +9.52%
- 1y -64.81%
- Range
- Low 0.244·Jun 30, 2026
- High 3.63·Dec 17, 2024
- Coverage
- Jul 19, 2024 — Aug 24, 2026
- 767 readings
| Date | Value |
|---|---|
| Aug 13, 2026 | 0.4047 |
| Aug 14, 2026 | 0.3869 |
| Aug 15, 2026 | 0.3875 |
| Aug 16, 2026 | 0.3879 |
| Aug 17, 2026 | 0.4112 |
| Aug 18, 2026 | 0.435 |
| Aug 19, 2026 | 0.4915 |
| Aug 20, 2026 | 0.6696 |
| Aug 21, 2026 | 0.8467 |
| Aug 22, 2026 | 0.8719 |
| Aug 23, 2026 | 0.86 |
| Aug 24, 2026 | 0.8962 |
Read from our own stored series, not quoted from a page.