Bitcoin returned 155.41% in 2023 in United States Dollar terms, not accounting for taxes or transaction fees. On January 1, 2023, Bitcoin opened* at $16,265.19, and closed* December 31, 2023 at $16,547.50 a coin.
* Bitcoin trades continuously so there is no actual "open" and "close", only a first and last trade of a year. Prices based on CoinMarketCap data, sourced from Yahoo! Finance.
The 2023 Bitcoin Return: Round Trip from 2022
Last year, Bitcoin dropped precipitously after peaking at $47,881.41 a coin on January 2nd, 2022. The closing trade in 2023 was $42,265.19 a coin, meaning if you held (or HODLed, in cryptocurrency parlance), you would have seen the near-recovery of your investment. And it was less bumpy than you'd expect – the low of $16,521.23 in 2023 came on January 1.
Here's the daily 'closing' price of Bitcoin in 2023:
You can try our our bitcoin return calculator to see return between any two arbitrary dates. You can optionally adjust for inflation, measured by CPI.
