Bitcoin price in 2011
How bitcoin's price moved through 2011, month by month, and the events behind the moves.
Bitcoin started at $0.30 on January 1, 2011 and ended 2011 at $4.71, a rise of 1,471%. Its highest daily close was $29.03 on June 8, 2011 and its lowest was $0.295 on January 3, 2011.
2011 at a glance
- Open
- $0.30
- Close
- $4.71
- Change over the year
- +1,471%
- Highest daily close
- $29.03 (Jun 8)
- Lowest daily close
- $0.295 (Jan 3)
- Intraday high (StatMuse)
- $35.88
- Intraday low (StatMuse)
- $0.25
Bitcoin price by month in 2011
| Month | Close | High (daily close) | Low (daily close) | Change |
|---|---|---|---|---|
| January | $0.5251 | $0.5251 | $0.295 | +75.0% |
| February | $0.8602 | $1.08 | $0.6939 | +63.8% |
| March | $0.7846 | $0.9399 | $0.7415 | −8.8% |
| April | $3.50 | $3.50 | $0.68 | +346% |
| May | $8.72 | $8.78 | $3.09 | +149% |
| June | $16.19 | $29.03 | $9.62 | +85.6% |
| July | $13.37 | $15.46 | $12.96 | −17.4% |
| August | $8.20 | $13.02 | $6.96 | −38.7% |
| September | $5.14 | $8.62 | $4.74 | −37.3% |
| October | $3.27 | $5.03 | $2.22 | −36.5% |
| November | $2.97 | $3.26 | $2.11 | −9.2% |
| December | $4.71 | $4.71 | $2.80 | +58.9% |
"Close" is the price at the end of the month's last day. Change is against the previous month's close.
What happened in 2011
- February: one bitcoin reaches $1 for the first time.
- June: a surge of media attention lifts the price close to $30, then a hack of Mt. Gox on June 19 helps trigger a crash. By November it's below $3.
What $100 did in 2011
$100 of bitcoin bought at the start of the year ($0.30) would have been worth about $1,571.44 at the end of 2011, before fees and taxes. Bought at the year's high close instead, it would have been worth $16.24. Timing within a single year mattered a lot. To see what it would be worth today, use the Bitcoin investment calculator.
About these numbers
Prices are Coin Metrics' daily closing reference prices in US dollars. Other sources differ a little: the 2011 close was $4.61 on StatMuse, a gap of 2.2% from ours. Prices from 2010 to 2013 come mostly from Mt. Gox and a few small exchanges, so treat them as approximate. See the method and cross-check for every year.
Frequently asked questions
What was the price of bitcoin in 2011?
It ranged from a low daily close of $0.295 to a high of $29.03. It started at $0.30 and ended the year at $4.71.
What was bitcoin's highest price in 2011?
The highest daily close was $29.03 on June 8, 2011. The highest intraday trade, per StatMuse, was $35.88.
Did bitcoin go up or down in 2011?
Up: it gained 1,471% from its opening price to the December 31 close.
Sources
- Coin Metrics free daily network data, PriceUSD (GitHub archive, CC BY-NC 4.0)
- Bitcoin price by year: open, high, low, close (StatMuse Money)
- Mt. Gox (Wikipedia)
Written for beginners and checked against the sources listed. Last reviewed November 4, 2026. This page is educational and is not financial, tax or legal advice. How we write and check pages.