Bitcoin Price History: 2012

Overview

In 2012, Bitcoin experienced a relatively stable year with a closing price of $13.45 on December 31st. Despite reaching a high of $137 in mid-August, the cryptocurrency remained within a narrow range of $500 for most of the year. By the end of 2012, it had risen by 185% compared to its opening price.

Price Fluctuations

The first half of 2012 saw Bitcoin trading sideways within a range of $500. In mid-August, the price surged to a high of $137 before retracing back down. The remainder of the year was marked by gradual price increases leading up to the end of December when the closing price reached $13.45.

Yearly Performance

Despite the fluctuations, Bitcoin's average closing price for 2012 stood at $8.27, representing an 185% increase from its opening price. This growth was driven by increased awareness and adoption of the cryptocurrency, particularly among early investors and enthusiasts.