Bitcoin Price in August 2020
In August 2020, bitcoin rose 3.2%, from $11,323.47 at the end of July to $11,680.82 per bitcoin on August 31, 2020. The highest close was $12,254.40 on August 17, 2020, the lowest $11,053.61 on August 2, 2020, and the average over 31 days was $11,652.39. Today's price is 596.3% higher than the August 2020 close.
- Bitcoin rose 3.2% in US dollars in August 2020, leaving it up 62.4% for the year to date.
- Measured in other currencies, the change ranged from +0.6% in CAD to +8.4% in TRY, because exchange rates moved too.
- It did better than gold (+0.8%), and worse than silver (+17.6%) and US stocks (+7.2%).
- It closed higher on 17 days and lower on 14, with an average daily move of 1.72%.
- At the end of the month it was 40.1% below its highest close since 2014.
- Bitcoin in ounces of gold: 5.8 → 5.9.
Bitcoin price chart, August 2020
US dollars per bitcoin · daily closeBitcoin in other currencies, August 2020
| Currency | Change in the month |
|---|---|
| TRY | +8.4% |
| BRL | +7.9% |
| NGN | +7.0% |
| ARS | +5.4% |
| JPY | +4.0% |
| EUR | +2.8% |
| PKR | +2.5% |
| ZAR | +2.2% |
| GBP | +1.3% |
| AUD | +0.8% |
| INR | +0.6% |
| CAD | +0.6% |
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, August 2020
| Asset | Change (USD) |
|---|---|
| Bitcoin | +3.2% |
| Gold | +0.8% |
| Silver | +17.6% |
| S&P 500 (with dividends) | +7.2% |
| US inflation (CPI, month) | +0.32% |
| Bitcoin, year to date (end of August) | +62.4% |
| Bitcoin in ounces of gold | 5.8 → 5.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Bitcoin Prices, August 2020
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 |
|---|---|---|---|---|
| Aug 1Sat | $11,759.59 | +3.85% | ₹8,81,852 | €9,905.11 |
| Aug 2Sun | $11,053.61 | −6.00% | ₹8,28,911 | €9,310.46 |
| Aug 3Mon | $11,246.35 | +1.74% | ₹8,42,552 | €9,544.78 |
| Aug 4Tue | $11,205.89 | −0.36% | ₹8,44,140 | €9,526.13 |
| Aug 5Wed | $11,747.02 | +4.83% | ₹8,83,963 | €9,942.68 |
| Aug 6Thu | $11,779.77 | +0.28% | ₹8,82,095 | €9,922.10 |
| Aug 7Fri | $11,601.47 | −1.51% | ₹8,68,948 | €9,768.44 |
| Aug 8Sat | $11,754.05 | +1.32% | ₹8,80,376 | €9,896.91 |
| Aug 9Sun | $11,675.74 | −0.67% | ₹8,74,511 | €9,830.97 |
| Aug 10Mon | $11,878.11 | +1.73% | ₹8,91,153 | €10,081 |
| Aug 11Tue | $11,410.53 | −3.94% | ₹8,56,930 | €9,720.63 |
| Aug 12Wed | $11,584.93 | +1.53% | ₹8,67,712 | €9,870.36 |
| Aug 13Thu | $11,784.14 | +1.72% | ₹8,81,125 | €9,991.77 |
| Aug 14Fri | $11,768.87 | −0.13% | ₹8,83,018 | €9,960.00 |
| Aug 15Sat | $11,865.70 | +0.82% | ₹8,90,283 | €10,042 |
| Aug 16Sun | $11,892.80 | +0.23% | ₹8,92,317 | €10,065 |
| Aug 17Mon | $12,254.40 | +3.04% | ₹9,17,889 | €10,339 |
| Aug 18Tue | $11,991.23 | −2.15% | ₹8,99,343 | €10,097 |
| Aug 19Wed | $11,758.28 | −1.94% | ₹8,79,461 | €9,841.68 |
| Aug 20Thu | $11,878.37 | +1.02% | ₹8,90,484 | €10,029 |
| Aug 21Fri | $11,592.49 | −2.41% | ₹8,69,436 | €9,763.19 |
| Aug 22Sat | $11,681.83 | +0.77% | ₹8,76,136 | €9,838.43 |
| Aug 23Sun | $11,664.85 | −0.15% | ₹8,74,862 | €9,824.13 |
| Aug 24Mon | $11,774.60 | +0.94% | ₹8,82,174 | €9,980.15 |
| Aug 25Tue | $11,366.13 | −3.47% | ₹8,45,640 | €9,637.35 |
| Aug 26Wed | $11,488.36 | +1.08% | ₹8,55,337 | €9,707.67 |
| Aug 27Thu | $11,323.40 | −1.44% | ₹8,40,650 | €9,561.48 |
| Aug 28Fri | $11,542.50 | +1.93% | ₹8,51,542 | €9,766.11 |
| Aug 29Sat | $11,506.87 | −0.31% | ₹8,48,913 | €9,735.96 |
| Aug 30Sun | $11,711.51 | +1.78% | ₹8,64,010 | €9,909.11 |
| Aug 31Mon | $11,680.82 | −0.26% | ₹8,54,199 | €9,800.21 |
How August usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in August 3 times out of 11, with an average move of −0.2% and a median of −7.9%.
Bitcoin in August 2020: FAQ
What was the price of bitcoin in August 2020?
Bitcoin traded between $11,053.61 and $12,254.40 per bitcoin (daily closes) in August 2020, averaging $11,652.39. It closed the month at $11,680.82.
How much did bitcoin go up in August 2020?
Bitcoin rose 3.2%, from $11,323.47 to $11,680.82. The biggest daily rise was +4.8% on August 5, 2020 and the biggest fall −6.0% on August 2, 2020.
What was the bitcoin price on August 1, 2020?
Bitcoin closed at $11,759.59 per bitcoin on August 1, 2020, the first day of the month. India, ₹ per BTC: ₹8,81,852.
Is August usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in August 3 times out of 11, with an average move of −0.2% and a median of −7.9%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in August 2020?
Bitcoin rose 0.6% in Indian rupee terms in August 2020, compared with +3.2% in US dollars.
Did bitcoin beat stocks in August 2020?
No. Bitcoin was +3.2% for the month, against +7.2% for the S&P 500 with dividends.
Did bitcoin keep up with inflation in August 2020?
US consumer prices (CPI) changed +0.32% in August, so bitcoin's real (inflation-adjusted) change was about +2.8%.