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Bitcoin Price in 2012

In 2012, the price of bitcoin averaged $8.36 per coin, up 42.9% from the year before. This page covers the 2012 average, high, low, and year-end close, the events that moved the market, and what that bitcoin would be worth in today's dollars.

2012 Average

$8.36

Annual average of daily closes

Change vs 2011

+42.9%

from $5.85 in 2011

What happened to the bitcoin price in 2012

Bitcoin averaged $8.36 per coin in 2012, climbing 42.9% from the $5.85 average of 2011. The defining story of 2012: Quiet recovery year, trading mostly near $5-13; first block-reward halving (50 to 25 BTC) in November..

Bitcoin's 2010s took it from a fraction of a dollar to a global asset. After its first real pricing in 2010, it ran through the 2011 and 2013 bubbles, the Mt. Gox collapse and a multi-year bear market, and finally the 2017 mania that carried it near $20,000.

Adjusted for inflation, bitcoin's 2012 average of $8.36 equals about $12 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of bitcoin in 2012?
Bitcoin averaged $8.36 per coin in 2012, based on annual average data from daily closing prices. That average was up 42.9% from $5.85 in 2011.
What is a 2012 bitcoin price worth in today's dollars?
Adjusted with the US Consumer Price Index, bitcoin's 2012 average of $8.36 works out to roughly $12 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
What moved the bitcoin price in 2012?
The defining story of 2012: Quiet recovery year, trading mostly near $5-13; first block-reward halving (50 to 25 BTC) in November.. Against that backdrop, the annual average climbed 42.9%, from $5.85 in 2011 to $8.36.

Annual figures are the mean of daily closing prices in US dollars; 2010 is a partial year from mid-July, when continuous pricing begins. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.