Bitcoin Price in July 2016
In July 2016, bitcoin fell 7.2%, from $673.34 at the end of June to $624.68 per bitcoin on July 31, 2016. The highest close was $703.70 on July 2, 2016, the lowest $624.68 on July 31, 2016, and the average over 31 days was $661.36. Today's price is 12,962.9% higher than the July 2016 close.
- Bitcoin fell 7.2% in US dollars in July 2016, leaving it up 45.1% for the year to date.
- Measured in other currencies, the change ranged from −11.2% in ZAR to +5.5% in NGN, because exchange rates moved too.
- It did worse than gold (+2.3%), silver (+9.3%) and US stocks (+3.7%).
- It closed higher on 14 days and lower on 17, with an average daily move of 1.67%.
- At the end of the month it was 18.5% below its highest close since 2014.
- Bitcoin in ounces of gold: 0.5 → 0.5.
Bitcoin price chart, July 2016
US dollars per bitcoin · daily closeBitcoin in other currencies, July 2016
| Currency | Change in the month |
|---|---|
| NGN | +5.5% |
| TRY | −3.3% |
| GBP | −5.1% |
| JPY | −5.5% |
| CAD | −5.7% |
| BRL | −6.0% |
| ARS | −6.8% |
| EUR | −6.9% |
| AUD | −7.8% |
| INR | −7.8% |
| PKR | −8.2% |
| ZAR | −11.2% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes bitcoin rise more in local terms.
Bitcoin vs other assets, July 2016
| Asset | Change (USD) |
|---|---|
| Bitcoin | −7.2% |
| Gold | +2.3% |
| Silver | +9.3% |
| S&P 500 (with dividends) | +3.7% |
| US inflation (CPI, month) | −0.16% |
| Bitcoin, year to date (end of July) | +45.1% |
| Bitcoin in ounces of gold | 0.5 → 0.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Bitcoin Prices, July 2016
Closing price for every day, with the same price in INR and EUR at that day's exchange rate.
| Date | Close (USD per BTC) | Change | India, ₹ per BTC | Euro, € per BTC |
|---|---|---|---|---|
| Jul 1Fri | $676.30 | +0.44% | ₹45,651 | €608.94 |
| Jul 2Sat | $703.70 | +4.05% | ₹47,501 | €633.61 |
| Jul 3Sun | $658.66 | −6.40% | ₹44,460 | €593.06 |
| Jul 4Mon | $683.66 | +3.80% | ₹45,930 | €614.20 |
| Jul 5Tue | $670.63 | −1.91% | ₹45,091 | €601.69 |
| Jul 6Wed | $677.33 | +1.00% | ₹45,670 | €612.17 |
| Jul 7Thu | $640.56 | −5.43% | ₹43,175 | €577.15 |
| Jul 8Fri | $666.52 | +4.05% | ₹44,988 | €602.34 |
| Jul 9Sat | $650.96 | −2.33% | ₹43,938 | €588.27 |
| Jul 10Sun | $649.36 | −0.25% | ₹43,830 | €586.83 |
| Jul 11Mon | $647.66 | −0.26% | ₹43,479 | €586.46 |
| Jul 12Tue | $664.55 | +2.61% | ₹44,621 | €600.95 |
| Jul 13Wed | $654.47 | −1.52% | ₹43,764 | €591.57 |
| Jul 14Thu | $658.08 | +0.55% | ₹44,095 | €593.13 |
| Jul 15Fri | $663.26 | +0.79% | ₹44,331 | €597.19 |
| Jul 16Sat | $660.77 | −0.38% | ₹44,164 | €594.95 |
| Jul 17Sun | $679.46 | +2.83% | ₹45,414 | €611.78 |
| Jul 18Mon | $673.11 | −0.94% | ₹45,188 | €608.96 |
| Jul 19Tue | $672.86 | −0.04% | ₹45,175 | €607.73 |
| Jul 20Wed | $665.69 | −1.07% | ₹44,738 | €604.44 |
| Jul 21Thu | $665.01 | −0.10% | ₹44,665 | €603.50 |
| Jul 22Fri | $650.62 | −2.16% | ₹43,692 | €589.72 |
| Jul 23Sat | $655.56 | +0.76% | ₹44,023 | €594.20 |
| Jul 24Sun | $661.29 | +0.87% | ₹44,408 | €599.39 |
| Jul 25Mon | $654.10 | −1.09% | ₹43,920 | €596.21 |
| Jul 26Tue | $651.78 | −0.35% | ₹43,934 | €592.99 |
| Jul 27Wed | $654.35 | +0.39% | ₹44,027 | €595.53 |
| Jul 28Thu | $655.04 | +0.10% | ₹43,929 | €591.56 |
| Jul 29Fri | $656.99 | +0.30% | ₹44,023 | €592.74 |
| Jul 30Sat | $655.05 | −0.30% | ₹43,893 | €590.98 |
| Jul 31Sun | $624.68 | −4.64% | ₹41,858 | €563.59 |
How July usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in July 8 times out of 11, with an average move of +9.0% and a median of +8.2%.
Bitcoin in July 2016: FAQ
What was the price of bitcoin in July 2016?
Bitcoin traded between $624.68 and $703.70 per bitcoin (daily closes) in July 2016, averaging $661.36. It closed the month at $624.68.
How much did bitcoin go down in July 2016?
Bitcoin fell 7.2%, from $673.34 to $624.68. The biggest daily rise was +4.1% on July 8, 2016 and the biggest fall −6.4% on July 3, 2016.
What was the bitcoin price on July 1, 2016?
Bitcoin closed at $676.30 per bitcoin on July 1, 2016, the first day of the month. India, ₹ per BTC: ₹45,651.
Is July usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in July 8 times out of 11, with an average move of +9.0% and a median of +8.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in July 2016?
Bitcoin fell 7.8% in Indian rupee terms in July 2016, compared with −7.2% in US dollars.
Did bitcoin beat stocks in July 2016?
No. Bitcoin was −7.2% for the month, against +3.7% for the S&P 500 with dividends.
Did bitcoin keep up with inflation in July 2016?
US consumer prices (CPI) changed −0.16% in July, so bitcoin's real (inflation-adjusted) change was about −7.1%.