Bitcoin Price in 2020
In 2020, bitcoin rose 303.2%, closing the year at $29,001.72, compared with $7,193.60 at the end of 2019. The highest close was $29,001.72 on December 31, 2020 and the lowest $4,970.79 on March 12, 2020; the average for the year was $11,116.38. Today's price is 182.0% above the 2020 close.
Bitcoin price chart, 2020
USD · daily closeMonthly Bitcoin Prices in 2020
Month-end close and range, US dollars per bitcoin. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $9,350.53 | $9,508.99 | $6,985.47 | +30.0% |
| February | $8,599.51 | $10,326.05 | $8,599.51 | −8.0% |
| March | $6,438.64 | $9,122.55 | $4,970.79 | −25.1% |
| April | $8,658.55 | $8,801.04 | $6,606.78 | +34.5% |
| May | $9,461.06 | $9,951.52 | $8,601.80 | +9.3% |
| June | $9,137.99 | $10,167.27 | $9,045.39 | −3.4% |
| July | $11,323.47 | $11,323.47 | $9,073.94 | +23.9% |
| August | $11,680.82 | $12,254.40 | $11,053.61 | +3.2% |
| September | $10,784.49 | $11,970.48 | $10,131.52 | −7.7% |
| October | $13,781.00 | $13,781.00 | $10,549.33 | +27.8% |
| November | $19,625.84 | $19,625.84 | $13,550.49 | +42.4% |
| December | $29,001.72 | $29,001.72 | $18,058.90 | +47.8% |
Bitcoin in 2020 at a Glance
- Bitcoin rose 303.2% in US dollars. In ARS terms it rose 466.4%, and in AUD terms it rose 267.1% — the difference comes from currency moves.
- It did better than Gold (+24.7%), Silver (+47.7%) and S&P 500 (with dividends) (+18.4%).
- After US inflation of 1.4%, the real change was +297.7%.
- In the futures market, leveraged funds went from net short 803 to net short 4,787 contracts.
Key Events in 2020
What happened, and how bitcoin moved that day (or the next trading day) and about a month later.
- Wednesday, March 11World Health Organization declares COVID-19 a pandemic. SourceBitcoin: 0.0% that day · −18.6% a month later
- Friday, March 27President Trump signs the $2.2 trillion CARES Act economic relief bill. SourceBitcoin: −3.7% that day · +6.0% a month later
- Monday, November 9Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs. SourceBitcoin: −1.0% that day · +17.4% a month later
Bitcoin in other currencies, 2020
| Currency | Change |
|---|---|
| ARS | +466.4% |
| BRL | +421.1% |
| TRY | +399.9% |
| NGN | +321.1% |
| ZAR | +318.7% |
| PKR | +317.5% |
| INR | +313.5% |
| CAD | +293.6% |
| GBP | +287.8% |
| JPY | +281.9% |
| EUR | +267.2% |
| AUD | +267.1% |
Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes bitcoin rise more in local terms.
Bitcoin vs other assets, 2020
| Asset | Change (USD) |
|---|---|
| Gold | +24.7% |
| Silver | +47.7% |
| S&P 500 (with dividends) | +18.4% |
| US inflation (CPI) | +1.4% |
Futures positioning: leveraged funds held a net short position of 4,787 contracts on 29 Dec 2020, against net short 803 a year earlier. COT report →
Bitcoin in 2020: FAQ
What was the price of bitcoin in 2020?
Bitcoin traded between $4,970.79 and $29,001.72 in 2020 (daily closes), averaging $11,116.38. It closed the year at $29,001.72.
How much did bitcoin go up in 2020?
Bitcoin rose 303.2% in 2020, from $7,193.60 to $29,001.72.
What was the highest bitcoin price in 2020?
The highest daily close in 2020 was $29,001.72 on December 31, 2020.
What was the best month for bitcoin in 2020?
December (+47.8%). The weakest was March (−25.1%).
How much did bitcoin rise in rupees in 2020?
Bitcoin rose 313.5% in Indian rupee terms in 2020, compared with +303.2% in US dollars.
Did bitcoin beat the stock market in 2020?
Yes. Bitcoin was +303.2% for the year, against +18.4% for the S&P 500 with dividends reinvested.
What was the biggest event for bitcoin in 2020?
Of the key events listed on this page, the biggest one-day reaction was on 27 March: President Trump signs the $2.2 trillion CARES Act economic relief bill. Bitcoin moved −3.7% that day.
Daily closing prices of bitcoin in US dollars (BTC-USD at 00:00 UTC, Yahoo Finance). The series starts in September 2014. Download the full daily series as CSV (free to use with a link to this site).