Bitcoin Price in 2023
In 2023, bitcoin rose 155.4%, closing the year at $42,265.19, compared with $16,547.50 at the end of 2022. The highest close was $44,166.60 on December 8, 2023 and the lowest $16,625.08 on January 1, 2023; the average for the year was $28,859.45. Today's price is 93.3% above the 2023 close.
Bitcoin price chart, 2023
USD · daily closeMonthly Bitcoin Prices in 2023
Month-end close and range, US dollars per bitcoin. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $23,139.28 | $23,774.57 | $16,625.08 | +39.8% |
| February | $23,147.35 | $24,829.15 | $21,651.18 | 0.0% |
| March | $28,478.48 | $28,478.48 | $20,187.24 | +23.0% |
| April | $29,268.81 | $30,485.70 | $27,276.91 | +2.8% |
| May | $27,219.66 | $29,534.38 | $26,334.82 | −7.0% |
| June | $30,477.25 | $30,695.47 | $25,124.68 | +12.0% |
| July | $29,230.11 | $31,476.05 | $29,176.92 | −4.1% |
| August | $25,931.47 | $29,765.49 | $25,931.47 | −11.3% |
| September | $26,967.92 | $27,211.12 | $25,162.65 | +4.0% |
| October | $34,667.78 | $34,667.78 | $26,756.80 | +28.6% |
| November | $37,712.75 | $37,880.58 | $34,732.32 | +8.8% |
| December | $42,265.19 | $44,166.60 | $38,688.75 | +12.1% |
Bitcoin in 2023 at a Glance
- Bitcoin rose 155.4% in US dollars. In ARS terms it rose 1,066.9%, and in BRL terms it rose 134.4% — the difference comes from currency moves.
- It did better than Gold (+13.4%), Silver (0.0%) and S&P 500 (with dividends) (+26.3%).
- After US inflation of 3.4%, the real change was +147.1%.
- In the futures market, leveraged funds went from net short 1,922 to net short 9,831 contracts.
Key Events in 2023
What happened, and how bitcoin moved that day (or the next trading day) and about a month later.
- Friday, March 10Silicon Valley Bank fails after a bank run and is placed under FDIC receivership. SourceBitcoin: −0.9% that day · +37.7% a month later
- Sunday, March 19UBS agrees to take over Credit Suisse in a deal brokered by the Swiss government. SourceBitcoin: +4.0% that day · +3.6% a month later
- Saturday, October 7Hamas launches attacks on Israel, starting the Gaza war. SourceBitcoin: +0.1% that day · +21.3% a month later
Bitcoin in other currencies, 2023
| Currency | Change |
|---|---|
| ARS | +1,066.9% |
| NGN | +412.5% |
| TRY | +303.1% |
| PKR | +218.1% |
| ZAR | +180.3% |
| JPY | +171.8% |
| INR | +153.8% |
| AUD | +153.2% |
| CAD | +149.3% |
| EUR | +146.0% |
| GBP | +141.8% |
| BRL | +134.4% |
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, 2023
| Asset | Change (USD) |
|---|---|
| Gold | +13.4% |
| Silver | 0.0% |
| S&P 500 (with dividends) | +26.3% |
| US inflation (CPI) | +3.4% |
Futures positioning: leveraged funds held a net short position of 9,831 contracts on 26 Dec 2023, against net short 1,922 a year earlier. COT report →
Bitcoin in 2023: FAQ
What was the price of bitcoin in 2023?
Bitcoin traded between $16,625.08 and $44,166.60 in 2023 (daily closes), averaging $28,859.45. It closed the year at $42,265.19.
How much did bitcoin go up in 2023?
Bitcoin rose 155.4% in 2023, from $16,547.50 to $42,265.19.
What was the highest bitcoin price in 2023?
The highest daily close in 2023 was $44,166.60 on December 8, 2023.
What was the best month for bitcoin in 2023?
January (+39.8%). The weakest was August (−11.3%).
How much did bitcoin rise in rupees in 2023?
Bitcoin rose 153.8% in Indian rupee terms in 2023, compared with +155.4% in US dollars.
Did bitcoin beat the stock market in 2023?
Yes. Bitcoin was +155.4% for the year, against +26.3% for the S&P 500 with dividends reinvested.
What was the biggest event for bitcoin in 2023?
Of the key events listed on this page, the biggest one-day reaction was on 19 March: UBS agrees to take over Credit Suisse in a deal brokered by the Swiss government. Bitcoin moved +4.0% 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).