Bitcoin price in 2023
How bitcoin's price moved through 2023, month by month, and the events behind the moves.
Bitcoin started at $16,524 on January 1, 2023 and ended 2023 at $42,217, a rise of 155%. Its highest daily close was $44,205 on December 8, 2023 and its lowest was $16,607 on January 1, 2023.
2023 at a glance
- Open
- $16,524
- Close
- $42,217
- Change over the year
- +155%
- Highest daily close
- $44,205 (Dec 8)
- Lowest daily close
- $16,607 (Jan 1)
- Intraday high (StatMuse)
- $44,706
- Intraday low (StatMuse)
- $16,521
Bitcoin price by month in 2023
| Month | Close | High (daily close) | Low (daily close) | Change |
|---|---|---|---|---|
| January | $23,130 | $23,775 | $16,607 | +40.0% |
| February | $23,146 | $24,798 | $21,621 | +0.1% |
| March | $28,515 | $28,515 | $20,240 | +23.2% |
| April | $29,362 | $30,459 | $27,292 | +3.0% |
| May | $27,218 | $29,553 | $26,341 | −7.3% |
| June | $30,485 | $30,667 | $25,098 | +12.0% |
| July | $29,220 | $31,435 | $29,178 | −4.1% |
| August | $25,955 | $29,780 | $25,955 | −11.2% |
| September | $26,978 | $27,215 | $25,135 | +3.9% |
| October | $34,636 | $34,636 | $26,741 | +28.4% |
| November | $37,713 | $37,847 | $34,708 | +8.9% |
| December | $42,217 | $44,205 | $38,704 | +11.9% |
"Close" is the price at the end of the month's last day. Change is against the previous month's close.
What happened in 2023
- March: Silicon Valley Bank fails, and the USDC stablecoin briefly drops below $1.
- June: BlackRock applies for a spot bitcoin ETF, followed by other large asset managers.
- Bitcoin ends the year up about 155%, recovering much of 2022's fall.
What $100 did in 2023
$100 of bitcoin bought at the start of the year ($16,524) would have been worth about $255.49 at the end of 2023, before fees and taxes. Bought at the year's high close instead, it would have been worth $95.50. 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 2023 close was $42,265 on StatMuse and $42,233 on Coinlore, a gap of 0.1% from ours. See the method and cross-check for every year.
Frequently asked questions
What was the price of bitcoin in 2023?
It ranged from a low daily close of $16,607 to a high of $44,205. It started at $16,524 and ended the year at $42,217.
What was bitcoin's highest price in 2023?
The highest daily close was $44,205 on December 8, 2023. The highest intraday trade, per StatMuse, was $44,706.
Did bitcoin go up or down in 2023?
Up: it gained 155% 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)
- Bitcoin historical data and yearly returns (Coinlore)
- Collapse of Silicon Valley Bank (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.