TradFi — bitcoin against the world it trades in

The US indices, gold, the dollar, Treasury yields, the Fed's rate and balance sheet, the money supply, inflation, volatility, oil and the federal debt — every series public, every chart drawn here, and bitcoin put on the same axis as the rest.

Bitcoin vs. the rest

Bitcoin, the S&P 500, the Nasdaq, gold, the dollar and M2 on one axis, each rebased to 100 at the start of the window — what actually went up, and by how much.

Every line rebased to 100 at the start of the window.
S&P 500140Nasdaq155Dollar index97M2109
10003 Sept 202403 Sept 202503 Sept 2026perly.io
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S&P 500

The S&P 500, daily closes for the last ten years, as the Federal Reserve's own data publishes them.

1y+20.2%
06 Sept 201604 Sept 202103 Sept 2026perly.io
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Nasdaq Composite

The Nasdaq Composite since 1971, daily — the risk end of the equity market, and the one bitcoin most often moves with.

1y+23.7%
10,00008 Sept 201605 Sept 202103 Sept 2026perly.io
updates dailyPowered byPerly

Dow Jones

The Dow Jones Industrial Average, daily closes for the last ten years.

1y+18.6%
06 Sept 201604 Sept 202103 Sept 2026perly.io
updates dailyPowered byPerly

Gold

The gold price in dollars per troy ounce, read from tokenised gold's daily closes — one token to the ounce, trading around the clock.

1y+1.1%
$1,600$1,800$2,00025 Sept 202009 Feb 202227 Jun 2023perly.io
updates dailyPowered byPerly

Bitcoin in gold

Bitcoin priced in gold: how many ounces one coin buys. The two hard assets measured against each other, with the dollar taken out of the picture.

Troy ounces of gold per bitcoin.
1y+42.4%
10.0 oz25 Sept 202009 Feb 202227 Jun 2023perly.io
updates dailyPowered byPerly

US dollar index

The dollar against its trading partners — the Fed's broad, trade-weighted index. A strong dollar has been a headwind for every risk asset, bitcoin included.

1y-1.3%
100.00120.0002 Jan 200630 Apr 201628 Aug 2026perly.io
updates dailyPowered byPerly

Treasury yields

The 10-year and 2-year US Treasury yields — the price of money over two horizons, and the gap between them.

2-year yield4.34%
0.00%2.00%4.00%08 Sept 201605 Sept 202103 Sept 2026perly.io
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Yield curve (10Y − 2Y)

Ten-year minus two-year. Below zero the curve is inverted, which has preceded every US recession of the last half-century — by a lag nobody has managed to time.

Not inverted
-2.00+0.00+2.0001 Jun 197618 Jul 200103 Sept 2026perly.io
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Fed funds rate

The effective federal funds rate — the overnight rate the Fed steers, and the floor under every other yield.

1y-16.2%
0.00%2.00%4.00%08 Sept 201605 Sept 202103 Sept 2026perly.io
updates dailyPowered byPerly

Fed balance sheet

What the Federal Reserve holds, in trillions of dollars: quantitative easing on the way up, tightening on the way down.

1y+2.0%
$2.50T$5.00T$7.50T18 Dec 200225 Oct 201402 Sept 2026perly.io
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M2 money supply

M2 money supply in trillions of dollars — the cash, deposits and money-market funds the dollar is made of.

1y+5.4%
01 Jul 201601 Jul 202101 Jul 2026perly.io
updates dailyPowered byPerly

US inflation (CPI)

US consumer-price inflation, year over year, from the CPI.

0.0%5.0%01 Jul 201601 Jul 202101 Jul 2026perly.io
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VIX

The VIX — the S&P 500's implied volatility over the next thirty days, the market's own fear gauge.

1y-12.4%
20.0040.0008 Sept 202205 Sept 202403 Sept 2026perly.io
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Oil (WTI)

West Texas Intermediate crude, dollars per barrel, daily.

1y+42.1%
$50$10001 Sept 201601 Sept 202101 Sept 2026perly.io
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US federal debt

Total US federal debt in trillions of dollars, quarterly.

1y+7.9%
$0.00T$20.00T$40.00T01 Jan 196601 Jan 199601 Jan 2026perly.io
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Bitcoin–S&P correlation

How closely bitcoin has moved with the S&P 500: the rolling 90-day correlation of daily returns, from lockstep at +1 to unrelated at 0.

90-day correlation of daily returns with the S&P 500
-1.00-0.50+0.00+0.50+1.0008 Sept 202205 Sept 202403 Sept 2026perly.io
updates dailyPowered byPerly

Your own position on this chart

Free public feeds, aggregated and computed in-app. Context, not advice.

app.perly.io
SourcesCoinGeckoBlockchain.commempool.spacealternative.meBitviewOKXFREDBinancestrategytracker.comPrice data powered by CoinGecko

Data ownership. Market data on this page comes from open public sources, always shown with attribution; we claim no ownership of it and it remains the property of its respective owners. Names, logos and favicons appear for identification only — no affiliation, partnership or endorsement is implied by any of them.

Per-source terms. Price and market-cap data is used under CoinGecko's API terms and carries the required “Powered by CoinGecko” notice. The Fear & Greed index is alternative.me's and is displayed with attribution next to the data, as its terms require. Block-height figures come from mempool.space's open API.

In-app series. Every chart on this site — the rainbow bands, Pi Cycle, Mayer Multiple, 2-Year MA, 200-week heatmap, Stock-to-Flow, power law, calendar returns, the supply map, the liquidation-cluster estimate and the macro comparisons — is computed by Perly from public series using publicly documented methodologies. The computed series are ours and can be wrong.

No advice. Everything here is descriptive statistics about the past. Nothing on this page is financial advice or a recommendation to buy or sell anything.