NVT ratio (market cap / 90-day on-chain tx value)

Code-Snippets

curl "https://api.oanor.com/bitcoinvaluation-api/v1/nvt" \
  -H "x-oanor-key: oanor_test_..."

await fetch("https://api.oanor.com/bitcoinvaluation-api/v1/nvt", {
  headers: { "x-oanor-key": "oanor_test_..." }
});

$ch = curl_init("https://api.oanor.com/bitcoinvaluation-api/v1/nvt");
curl_setopt($ch, CURLOPT_HTTPHEADER, ["x-oanor-key: oanor_test_..."]);
curl_setopt($ch, CURLOPT_RETURNTRANSFER, true);
$out = curl_exec($ch);

import requests
requests.get(
    "https://api.oanor.com/bitcoinvaluation-api/v1/nvt",
    headers={"x-oanor-key": "oanor_test_..."}
)

Beispiel-Response

Echte Antwort dieses Endpoints, erfasst beim letzten Health-Check.

{
    "data": {
        "note": "The NVT ratio (NVT Signal) = market cap / 90-day average of daily on-chain transaction value (USD) — Bitcoin's price/earnings analogue. A high NVT means the network's valuation is rich relative to the economic value actually moving on-chain; a low NVT means transaction value is supporting the price. Thresholds are heuristic. Computed from blockchain.com market-cap and estimated-transaction-volume-usd. Updates daily, cached ~10m.",
        "source": "blockchain.com charts (market-cap, estimated-transaction-volume-usd), keyless",
        "reading": "rich — price high relative to on-chain value settled",
        "indicator": "NVT Ratio (NVT Signal, 90-day)",
        "nvt_ratio": 211.8,
        "market_cap_usd": 1275464084672,
        "tx_volume_90d_avg_usd": 6023349787
    },
    "meta": {
        "timestamp": "2026-06-12T19:35:44.536Z",
        "request_id": "fb950061-f1fe-4ca4-91f5-a69363f2afe0"
    },
    "status": "ok",
    "message": "NVT retrieved successfully",
    "success": true
}