PULSEHAWK
Gold vs stocks vs bitcoin
Over the last seven calendar days gold moved -1.93%, the S&P 500 moved +1.27% and bitcoin moved +3.62%. Those are the same seven days for all three, ending 25 September 2026, from a record we keep ourselves.
Only one number on this page is money
Every figure above is a price. A market can gain hundreds of billions of dollars in value without a single new dollar arriving, because market value is the last traded price multiplied by everything in existence. One buyer paying more revalues the entire supply. That is not money coming in, that is arithmetic.
So we put the one measurable number next to it. The supply of stablecoins only grows when somebody hands over a real dollar to have one minted, and it only shrinks when somebody redeems one and takes a real dollar back. It is a quantity, not a valuation, and it does not fall just because the market falls.
The second figure is a lean and not a flow either. It says which half of the stock market is being bid up harder, nothing about how much money entered the market. We keep that distinction everywhere, because it is the distinction most market commentary quietly drops.
Why we line these up by calendar day
Crypto trades seven days a week and stock markets trade five. Ask three data providers for the last thirty points and you get three different periods, because a point means a session in one place and a day in another. Comparisons built that way are off by a couple of days and nobody notices.
So we store one row per calendar day. Gold and the S&P 500 from Twelve Data, bitcoin and the crypto market from CoinGecko, stablecoin supply from DefiLlama, and the euro dollar rate from the European Central Bank. Weekends stay empty for the markets that were shut, which is honest, and every comparison on this page runs between two real dates that we name.
The unit moves too
All three prices here are quoted in dollars, and the dollar is not a constant. A week where everything rose can be a week where the measuring stick shrank. We log the euro dollar rate every day for exactly this reason, and when a week only looks green because of the dollar, we say so rather than letting the percentage speak.
The full dollar index is not available on a free tier. The euro dollar rate is the honest substitute, it is published by a central bank, and we label it as what it is rather than dressing it up as something broader.
Questions people ask
The three figures at the top, with the dates they run between.
Because crypto never closes and stock markets do. Calendar days are the only window that means the same thing for all three.
No. See the section above. Price times supply can grow with almost no money involved.
Technology and consumer discretionary against utilities and consumer staples. Rising means the risk taking half is outrunning the safe half.
Twelve Data, CoinGecko, DefiLlama and the European Central Bank, read once a day and written into our own file, which this page reads back in your browser.
Every day.