Bitcoin Price in December 2023
In December 2023, bitcoin rose 12.1%, from $37,712.75 at the end of November to $42,265.19 per bitcoin on December 31, 2023. The highest close was $44,166.60 on December 8, 2023, the lowest $38,688.75 on December 1, 2023, and the average over 31 days was $42,546.89. Today's price is 84.2% higher than the December 2023 close.
Bitcoin ended December higher. What usually happens in January after a higher December →
- Bitcoin rose 12.1% in US dollars in December 2023, leaving it up 155.4% for the year to date.
- Measured in other currencies, the change ranged from +7.8% in JPY to +151.6% in ARS, because exchange rates moved too.
- It did better than gold (+1.7%), silver (−5.7%) and US stocks (+4.5%).
- It closed higher on 19 days and lower on 12, with an average daily move of 1.81%.
- At the end of the month it was 37.4% below its highest close since 2014.
- Bitcoin in ounces of gold: 18.5 → 20.4.
- The biggest reaction to a scheduled US release was to the Fed rate decision and projections on 13 December: +3.8% over two sessions.
Bitcoin price chart, December 2023
US dollars per bitcoin · daily closeBitcoin in other currencies, December 2023
| Currency | Change in the month |
|---|---|
| ARS | +151.6% |
| NGN | +26.7% |
| TRY | +14.3% |
| GBP | +11.7% |
| EUR | +11.1% |
| ZAR | +11.1% |
| BRL | +10.8% |
| INR | +10.7% |
| PKR | +10.6% |
| CAD | +9.1% |
| AUD | +8.7% |
| JPY | +7.8% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes bitcoin rise more in local terms.
Bitcoin vs other assets, December 2023
| Asset | Change (USD) |
|---|---|
| Bitcoin | +12.1% |
| Gold | +1.7% |
| Silver | −5.7% |
| S&P 500 (with dividends) | +4.5% |
| US inflation (CPI, month) | −0.10% |
| Bitcoin, year to date (end of December) | +155.4% |
| Bitcoin in ounces of gold | 18.5 → 20.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in December 2023
Scheduled US releases this month and how bitcoin moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Bitcoin |
|---|---|---|---|
| Fri 8 Dec | Jobs report (November 2023) | — | +2.0% |
| Tue 12 Dec | CPI inflation (November 2023) | — | +0.5% |
| Wed 13 Dec | Fed rate decision + projections | Rates unchanged (5.25–5.50%) | +3.8% |
Daily Bitcoin Prices, December 2023
Closing price for every day, with the same price in INR and EUR at that day's exchange rate.
| Date | Close (USD per BTC) | Change | India, ₹ per BTC | Euro, € per BTC |
|---|---|---|---|---|
| Dec 1Fri | $38,688.75 | +2.59% | ₹32,24,812 | €35,520 |
| Dec 2Sat | $39,476.33 | +2.04% | ₹32,90,459 | €36,243 |
| Dec 3Sun | $39,978.39 | +1.27% | ₹33,32,307 | €36,704 |
| Dec 4Mon | $41,980.10 | +5.01% | ₹34,93,525 | €38,555 |
| Dec 5Tue | $44,080.65 | +5.00% | ₹36,77,080 | €40,673 |
| Dec 6Wed | $43,746.45 | −0.76% | ₹36,44,774 | €40,531 |
| Dec 7Thu | $43,292.66 | −1.04% | ₹36,05,829 | €40,210 |
| Dec 8Fri | $44,166.60 | +2.02% | ₹36,81,503 | €40,925 |
| Dec 9Sat | $43,725.98 | −1.00% | ₹36,44,775 | €40,516 |
| Dec 10Sun | $43,779.70 | +0.12% | ₹36,49,252 | €40,566 |
| Dec 11Mon | $41,243.83 | −5.79% | ₹34,40,977 | €38,311 |
| Dec 12Tue | $41,450.22 | +0.50% | ₹34,54,607 | €38,499 |
| Dec 13Wed | $42,890.74 | +3.48% | ₹35,76,916 | €39,717 |
| Dec 14Thu | $43,023.97 | +0.31% | ₹35,83,264 | €39,522 |
| Dec 15Fri | $41,929.76 | −2.54% | ₹34,92,606 | €38,139 |
| Dec 16Sat | $42,240.12 | +0.74% | ₹35,18,458 | €38,422 |
| Dec 17Sun | $41,364.66 | −2.07% | ₹34,45,536 | €37,625 |
| Dec 18Mon | $42,623.54 | +3.04% | ₹35,39,531 | €39,120 |
| Dec 19Tue | $42,270.53 | −0.83% | ₹35,13,154 | €38,694 |
| Dec 20Wed | $43,652.25 | +3.27% | ₹36,27,135 | €39,754 |
| Dec 21Thu | $43,869.15 | +0.50% | ₹36,52,861 | €40,079 |
| Dec 22Fri | $43,997.90 | +0.29% | ₹36,57,616 | €39,976 |
| Dec 23Sat | $43,739.54 | −0.59% | ₹36,36,138 | €39,742 |
| Dec 24Sun | $43,016.12 | −1.65% | ₹35,75,999 | €39,084 |
| Dec 25Mon | $43,613.14 | +1.39% | ₹36,27,087 | €39,553 |
| Dec 26Tue | $42,520.40 | −2.51% | ₹35,36,520 | €38,583 |
| Dec 27Wed | $43,442.86 | +2.17% | ₹36,13,698 | €39,342 |
| Dec 28Thu | $42,627.86 | −1.88% | ₹35,49,502 | €38,374 |
| Dec 29Fri | $42,099.40 | −1.24% | ₹34,64,865 | €38,037 |
| Dec 30Sat | $42,156.90 | +0.14% | ₹34,69,597 | €38,089 |
| Dec 31Sun | $42,265.19 | +0.26% | ₹34,78,509 | €38,187 |
How December usually goes for bitcoin
In the 12 years from 2014 to 2025, bitcoin rose in December 5 times out of 12, with an average move of +7.1% and a median of −3.2%. Every December since 2014 →
Bitcoin in December 2023: FAQ
What was the price of bitcoin in December 2023?
Bitcoin traded between $38,688.75 and $44,166.60 per bitcoin (daily closes) in December 2023, averaging $42,546.89. It closed the month at $42,265.19.
How much did bitcoin go up in December 2023?
Bitcoin rose 12.1%, from $37,712.75 to $42,265.19. The biggest daily rise was +5.0% on December 4, 2023 and the biggest fall −5.8% on December 11, 2023.
What was the bitcoin price on December 1, 2023?
Bitcoin closed at $38,688.75 per bitcoin on December 1, 2023, the first day of the month. India, ₹ per BTC: ₹32,24,812.
Is December usually a good month for bitcoin?
In the 12 years from 2014 to 2025, bitcoin rose in December 5 times out of 12, with an average move of +7.1% and a median of −3.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in December 2023?
Bitcoin rose 10.7% in Indian rupee terms in December 2023, compared with +12.1% in US dollars.
Did bitcoin beat stocks in December 2023?
Yes. Bitcoin was +12.1% for the month, against +4.5% for the S&P 500 with dividends.
How did bitcoin react to the Fed and US data in December 2023?
Of 3 scheduled US releases this month, the biggest move came after the Fed rate decision + projections on 13 December: +3.8%. The full list with each reaction is on this page.
Did bitcoin keep up with inflation in December 2023?
US consumer prices (CPI) changed −0.10% in December, so bitcoin's real (inflation-adjusted) change was about +12.2%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026bitcoinpriceindecember, author = {{Corgano}}, title = {Bitcoin Price in December 2023}, howpublished = {\url{https://bitcoinprice.corgano.com/bitcoin-price-history/2023/december}}, year = {2026}, note = {Corgano Bitcoin Price, accessed 2026-11-01}}