Bitcoin Price in May 2022
In May 2022, bitcoin fell 15.7%, from $37,714.88 at the end of April to $31,792.31 per bitcoin on May 31, 2022. The highest close was $39,698.37 on May 4, 2022, the lowest $28,627.57 on May 27, 2022, and the average over 31 days was $31,706.11. Today's price is 156.7% higher than the May 2022 close.
- Bitcoin fell 15.7% in US dollars in May 2022, leaving it down 31.3% for the year to date.
- Measured in other currencies, the change ranged from −18.9% in BRL to −6.6% in TRY, because exchange rates moved too.
- It did worse than gold (−3.6%), silver (−6.0%) and US stocks (+0.2%).
- It closed higher on 17 days and lower on 14, with an average daily move of 3.15%.
- At the end of the month it was 52.9% below its highest close since 2014.
- Bitcoin in ounces of gold: 19.7 → 17.3.
Bitcoin price chart, May 2022
US dollars per bitcoin · daily closeBitcoin in other currencies, May 2022
| Currency | Change in the month |
|---|---|
| TRY | −6.6% |
| PKR | −10.3% |
| ARS | −12.2% |
| INR | −14.7% |
| NGN | −15.7% |
| CAD | −16.7% |
| AUD | −16.7% |
| GBP | −16.9% |
| JPY | −17.7% |
| EUR | −17.8% |
| ZAR | −18.4% |
| BRL | −18.9% |
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, May 2022
| Asset | Change (USD) |
|---|---|
| Bitcoin | −15.7% |
| Gold | −3.6% |
| Silver | −6.0% |
| S&P 500 (with dividends) | +0.2% |
| US inflation (CPI, month) | +1.10% |
| Bitcoin, year to date (end of May) | −31.3% |
| Bitcoin in ounces of gold | 19.7 → 17.3 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in May 2022
- Monday, May 9Stablecoin TerraUSD (UST) begins to lose its dollar peg, leading to the collapse of Terra and LUNA. SourceBitcoin: −11.0% that day
Daily Bitcoin Prices, May 2022
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 |
|---|---|---|---|---|
| May 1Sun | $38,469.09 | +2.00% | ₹29,46,309 | €36,623 |
| May 2Mon | $38,529.33 | +0.16% | ₹29,48,384 | €36,568 |
| May 3Tue | $37,750.45 | −2.02% | ₹28,88,819 | €35,923 |
| May 4Wed | $39,698.37 | +5.16% | ₹30,35,627 | €37,706 |
| May 5Thu | $36,575.14 | −7.87% | ₹27,79,769 | €34,432 |
| May 6Fri | $36,040.92 | −1.46% | ₹27,58,637 | €34,196 |
| May 7Sat | $35,501.95 | −1.50% | ₹27,17,383 | €33,684 |
| May 8Sun | $34,059.27 | −4.06% | ₹26,06,957 | €32,315 |
| May 9Mon | $30,296.95 | −11.05% | ₹23,31,578 | €28,767 |
| May 10Tue | $31,022.91 | +2.40% | ₹24,00,103 | €29,360 |
| May 11Wed | $28,936.36 | −6.73% | ₹22,35,953 | €27,472 |
| May 12Thu | $29,047.75 | +0.38% | ₹22,48,830 | €27,633 |
| May 13Fri | $29,283.10 | +0.81% | ₹22,67,795 | €28,211 |
| May 14Sat | $30,101.27 | +2.79% | ₹23,31,156 | €29,000 |
| May 15Sun | $31,305.11 | +4.00% | ₹24,24,387 | €30,159 |
| May 16Mon | $29,862.92 | −4.61% | ₹23,13,967 | €28,713 |
| May 17Tue | $30,425.86 | +1.89% | ₹23,67,296 | €29,145 |
| May 18Wed | $28,720.27 | −5.61% | ₹22,22,156 | €27,230 |
| May 19Thu | $30,314.33 | +5.55% | ₹23,59,061 | €28,947 |
| May 20Fri | $29,200.74 | −3.67% | ₹22,60,753 | €27,603 |
| May 21Sat | $29,432.23 | +0.79% | ₹22,78,675 | €27,822 |
| May 22Sun | $30,323.72 | +3.03% | ₹23,47,696 | €28,665 |
| May 23Mon | $29,098.91 | −4.04% | ₹22,64,431 | €27,530 |
| May 24Tue | $29,655.59 | +1.91% | ₹22,99,103 | €27,764 |
| May 25Wed | $29,562.36 | −0.31% | ₹22,90,456 | €27,534 |
| May 26Thu | $29,267.22 | −1.00% | ₹22,68,131 | €27,388 |
| May 27Fri | $28,627.57 | −2.19% | ₹22,22,364 | €26,672 |
| May 28Sat | $28,814.90 | +0.65% | ₹22,36,906 | €26,847 |
| May 29Sun | $29,445.96 | +2.19% | ₹22,85,896 | €27,435 |
| May 30Mon | $31,726.39 | +7.74% | ₹24,64,887 | €29,563 |
| May 31Tue | $31,792.31 | +0.21% | ₹24,64,569 | €29,510 |
How May usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in May 6 times out of 11, with an average move of +9.1% and a median of +9.3%.
Bitcoin in May 2022: FAQ
What was the price of bitcoin in May 2022?
Bitcoin traded between $28,627.57 and $39,698.37 per bitcoin (daily closes) in May 2022, averaging $31,706.11. It closed the month at $31,792.31.
How much did bitcoin go down in May 2022?
Bitcoin fell 15.7%, from $37,714.88 to $31,792.31. The biggest daily rise was +7.7% on May 30, 2022 and the biggest fall −11.0% on May 9, 2022.
What was the bitcoin price on May 1, 2022?
Bitcoin closed at $38,469.09 per bitcoin on May 1, 2022, the first day of the month. India, ₹ per BTC: ₹29,46,309.
Is May usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in May 6 times out of 11, with an average move of +9.1% and a median of +9.3%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in May 2022?
Bitcoin fell 14.7% in Indian rupee terms in May 2022, compared with −15.7% in US dollars.
Did bitcoin beat stocks in May 2022?
No. Bitcoin was −15.7% for the month, against +0.2% for the S&P 500 with dividends.
Did bitcoin keep up with inflation in May 2022?
US consumer prices (CPI) changed +1.10% in May, so bitcoin's real (inflation-adjusted) change was about −16.6%.