Key Bitcoin Price Metrics for 2012
Here's a comprehensive breakdown of Bitcoin's price performance during its pivotal 2012 growth phase:
- Average Annual Price: $8.46
- Annual Low: $4.33 (February 19, 2012)
- Annual High: $15.40 (August 17, 2012)
- Yearly Change: +161.15%
- Opening Price (Jan 1): $5.20
- Closing Price (Dec 31): $13.58
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Monthly Bitcoin Price Analysis (2012)
January 2012
- Average Price: $6.42
- Price Range: $5.20-$7.21
- Notable Trend: 38.6% increase in first week, followed by gradual correction
February 2012
- Average Price: $5.31
- Price Range: $4.33-$6.20
- Key Event: Recorded annual low of $4.33 on February 19
March-May 2012
- Stable Period: Prices fluctuated between $4.68-$5.23
- Q2 Average: $5.39 (showing 1.5% growth from Q1)
June-August 2012
- Bull Run Begins: Prices surged from $5.26 to $15.40
- July Average: $8.10 (+32.4% monthly growth)
- August Peak: $15.40 (yearly high)
September-December 2012
- Market Consolidation: Ranged between $10.18-$13.90
- December Close: $13.58 (setting stage for 2013 bull market)
Daily Bitcoin Price Table (Select 2012 Data)
| Date | Price (USD) | Monthly Trend |
|---|---|---|
| Jan 1 | $5.20 | Opening price |
| Feb 19 | $4.33 | Annual low |
| Aug 17 | $15.40 | Annual high |
| Dec 31 | $13.58 | Year close |
๐ Track Bitcoin's historical volatility
Market Impact Analysis
Investment Scenario:
A $10,000 investment on January 1 would have purchased approximately 1,923 BTC. By December 31, this investment would be worth $26,115 - demonstrating Bitcoin's remarkable 161.15% annual growth.
Key Observations:
- February's dip to $4.33 represented a 16.7% drop from January's opening
- August's peak showed 255% growth from the annual low
- The 2012 closing price was 161% higher than opening
FAQ: Bitcoin Price History 2012
Q: What was Bitcoin's lowest price in 2012?
A: The lowest recorded price was $4.33 on February 19, 2012.
Q: How much did Bitcoin grow during 2012?
A: Bitcoin gained 161.15% in value across 2012, from $5.20 to $13.58.
Q: When did Bitcoin first surpass $10 in 2012?
A: BTC first broke $10 on August 9, 2012, reaching $12.00.
Q: What was Bitcoin's most volatile month?
A: August saw the most dramatic movements, ranging from $9.53 to $15.40.
Q: How does 2012's growth compare to later years?
A: While impressive, 2012's 161% gain was modest compared to 2013's 5,429% surge.
Q: What major events affected 2012 prices?
A: Key factors included growing exchange adoption and the Bitcoin Foundation's establishment.
Conclusion
2012 marked Bitcoin's transition from an obscure digital experiment to a legitimate financial asset. The 161% price appreciation demonstrated growing market confidence, setting the foundation for the cryptocurrency boom that followed. This historical data provides valuable insights for understanding Bitcoin's long-term growth patterns.