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Bitcoin Price in 2024

In 2024, the price of bitcoin averaged $65,964.11 per coin, up 128.6% from the year before. This page covers the 2024 average, high, low, and year-end close, the events that moved the market, and what that bitcoin would be worth in today's dollars.

2024 Average

$65,964.11

Annual average of daily closes

Change vs 2023

+128.6%

from $28,859.47 in 2023

What happened to the bitcoin price in 2024

Bitcoin averaged $65,964.11 per coin in 2024, surging 128.6% from the $28,859.47 average of 2023. Annual moves of that size are rare and put 2024 among the most explosive years in the asset's modern history. The defining story of 2024: US spot-ETF approvals (Jan) and fourth halving (6.25 to 3.125 BTC) in April; new highs above $100k late in the year..

The 2020s brought Bitcoin into the institutional era. Pandemic stimulus and corporate treasuries drove the run to a $69,000 high in 2021, the 2022 FTX-era crash followed, and US spot ETFs plus the 2024 halving powered a surge past $100,000.

Adjusted for inflation, bitcoin's 2024 average of $65,964.11 equals about $67,772 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 2024?
Bitcoin averaged $65,964.11 per coin in 2024, based on annual average data from daily closing prices. That average was up 128.6% from $28,859.47 in 2023.
What is a 2024 bitcoin price worth in today's dollars?
Adjusted with the US Consumer Price Index, bitcoin's 2024 average of $65,964.11 works out to roughly $67,772 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 2024?
The defining story of 2024: US spot-ETF approvals (Jan) and fourth halving (6.25 to 3.125 BTC) in April; new highs above $100k late in the year.. Against that backdrop, the annual average climbed 128.6%, from $28,859.47 in 2023 to $65,964.11.

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.