cURL
curl -X GET "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day" \
-H "Authorization: Bearer <YOUR_API_KEY>"fetch("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day", { headers: { "Authorization": "Bearer <YOUR_API_KEY>"} })
.then(response => response.json())
.then(data => console.log(data))require('axios')
.get("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day", { headers: { Authorization: 'Bearer <YOUR_API_KEY>' } })
.then(response => console.log(response))require 'net/http'
uri = URI("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day")
req = Net::HTTP::Get.new(uri)
req["Authorization"] = "Bearer <YOUR_API_KEY>"
res = Net::HTTP.start(uri.hostname, uri.port, use_ssl: true) { |http| http.request(req) }
puts res.bodyimport requests
headers = {'Authorization': 'Bearer <YOUR_API_KEY>'}
url = "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day"
print(requests.get(url, headers=headers).json())<?php
$curl = curl_init();
curl_setopt_array($curl, [
CURLOPT_URL => "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score",
CURLOPT_RETURNTRANSFER => true,
CURLOPT_ENCODING => "",
CURLOPT_MAXREDIRS => 10,
CURLOPT_TIMEOUT => 30,
CURLOPT_HTTP_VERSION => CURL_HTTP_VERSION_1_1,
CURLOPT_CUSTOMREQUEST => "GET",
CURLOPT_HTTPHEADER => [
"Authorization: Bearer <token>"
],
]);
$response = curl_exec($curl);
$err = curl_error($curl);
curl_close($curl);
if ($err) {
echo "cURL Error #:" . $err;
} else {
echo $response;
}package main
import (
"fmt"
"net/http"
"io"
)
func main() {
url := "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score"
req, _ := http.NewRequest("GET", url, nil)
req.Header.Add("Authorization", "Bearer <token>")
res, _ := http.DefaultClient.Do(req)
defer res.Body.Close()
body, _ := io.ReadAll(res.Body)
fmt.Println(string(body))
}HttpResponse<String> response = Unirest.get("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score")
.header("Authorization", "Bearer <token>")
.asString();{
"status": {
"code": 200,
"message": "success"
},
"result": {
"window": "<string>",
"data": [
{
"datetime": "2026-06-14 00:00:00",
"mvrv_ratio_zscore": -0.4445148
}
]
}
}Community-built Indicators
MVRV Z-score
The Z-score of Bitcoin’s MVRV Ratio
GET
/
community
/
bitcoin-mvrv-z-score
cURL
curl -X GET "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day" \
-H "Authorization: Bearer <YOUR_API_KEY>"fetch("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day", { headers: { "Authorization": "Bearer <YOUR_API_KEY>"} })
.then(response => response.json())
.then(data => console.log(data))require('axios')
.get("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day", { headers: { Authorization: 'Bearer <YOUR_API_KEY>' } })
.then(response => console.log(response))require 'net/http'
uri = URI("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day")
req = Net::HTTP::Get.new(uri)
req["Authorization"] = "Bearer <YOUR_API_KEY>"
res = Net::HTTP.start(uri.hostname, uri.port, use_ssl: true) { |http| http.request(req) }
puts res.bodyimport requests
headers = {'Authorization': 'Bearer <YOUR_API_KEY>'}
url = "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score?window=day"
print(requests.get(url, headers=headers).json())<?php
$curl = curl_init();
curl_setopt_array($curl, [
CURLOPT_URL => "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score",
CURLOPT_RETURNTRANSFER => true,
CURLOPT_ENCODING => "",
CURLOPT_MAXREDIRS => 10,
CURLOPT_TIMEOUT => 30,
CURLOPT_HTTP_VERSION => CURL_HTTP_VERSION_1_1,
CURLOPT_CUSTOMREQUEST => "GET",
CURLOPT_HTTPHEADER => [
"Authorization: Bearer <token>"
],
]);
$response = curl_exec($curl);
$err = curl_error($curl);
curl_close($curl);
if ($err) {
echo "cURL Error #:" . $err;
} else {
echo $response;
}package main
import (
"fmt"
"net/http"
"io"
)
func main() {
url := "https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score"
req, _ := http.NewRequest("GET", url, nil)
req.Header.Add("Authorization", "Bearer <token>")
res, _ := http.DefaultClient.Do(req)
defer res.Body.Close()
body, _ := io.ReadAll(res.Body)
fmt.Println(string(body))
}HttpResponse<String> response = Unirest.get("https://api.cryptoquant.com/v2/community/bitcoin-mvrv-z-score")
.header("Authorization", "Bearer <token>")
.asString();{
"status": {
"code": 200,
"message": "success"
},
"result": {
"window": "<string>",
"data": [
{
"datetime": "2026-06-14 00:00:00",
"mvrv_ratio_zscore": -0.4445148
}
]
}
}What it measures
MVRV ratio standardized as a Z-score — how many standard deviations current MVRV is from its historical meanHow to interpret it
Detects cycle extremes. Rising far above mean = market cap unusually high vs. aggregate cost basis (top zone). Crossing below 365-day MA = upward trend losing momentum.Key thresholds
Z-score crossing below 365D MA = key bearish signal (sharp correction or start of bear market); Deep negative Z-score = extreme undervaluation near bear bottoms; Crossing above mean from below = early bull confirmationHow to use it
Most powerful combined with other valuation metrics. Z-score below 1-year MA while Bull Score < 40 = high-conviction bear signal. Z-score crossing above trend during Bull Score recovery above 40 = bull cycle confirmed.Run this metric in CryptoQuant Analytics
Authorizations
For each API request, include the Authorization HTTP header with Bearer <YOUR_API_KEY>.
Query Parameters
Time interval for aggregation.
Starting time, formatted as YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.
Ending time, formatted as YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.
Maximum number of data rows to return. Ranges from 1 to 10,000.
Required range:
1 <= x <= 10000