Bitcoin Price in February 2023
In February 2023, bitcoin rose 0.0%, from $23,139.28 at the end of January to $23,147.35 per bitcoin on February 28, 2023. The highest close was $24,829.15 on February 20, 2023, the lowest $21,651.18 on February 10, 2023, and the average over 28 days was $23,304.54. Today's price is 234.0% higher than the February 2023 close.
Bitcoin ended February higher. What usually happens in March after a higher February →
- Bitcoin rose 0.0% in US dollars in February 2023, leaving it up 39.9% for the year to date.
- Measured in other currencies, the change ranged from −3.5% in PKR to +5.8% in ZAR, because exchange rates moved too.
- It did better than gold (−4.8%), silver (−11.7%) and US stocks (−2.4%).
- It closed higher on 10 days and lower on 18, with an average daily move of 1.76%.
- At the end of the month it was 65.7% below its highest close since 2014.
- Bitcoin in ounces of gold: 12.0 → 12.6.
- The biggest reaction to a scheduled US release was to the CPI inflation (January 2023) on 14 February: +1.9% that day.
Bitcoin price chart, February 2023
US dollars per bitcoin · daily closeBitcoin in other currencies, February 2023
| Currency | Change in the month |
|---|---|
| ZAR | +5.8% |
| ARS | +5.5% |
| AUD | +4.7% |
| JPY | +4.5% |
| GBP | +2.5% |
| EUR | +2.3% |
| BRL | +1.7% |
| CAD | +1.5% |
| INR | +1.3% |
| TRY | +0.4% |
| NGN | −0.4% |
| PKR | −3.5% |
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, February 2023
| Asset | Change (USD) |
|---|---|
| Bitcoin | 0.0% |
| Gold | −4.8% |
| Silver | −11.7% |
| S&P 500 (with dividends) | −2.4% |
| US inflation (CPI, month) | +0.56% |
| Bitcoin, year to date (end of February) | +39.9% |
| Bitcoin in ounces of gold | 12.0 → 12.6 |
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 February 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 |
|---|---|---|---|
| Wed 1 Feb | Fed rate decision | Raised 25 bp (4.50–4.75%) | +1.4% |
| Fri 3 Feb | Jobs report (January 2023) | — | −0.1% |
| Tue 14 Feb | CPI inflation (January 2023) | — | +1.9% |
Daily Bitcoin Prices, February 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 |
|---|---|---|---|---|
| Feb 1Wed | $23,723.77 | +2.53% | ₹19,39,855 | €21,842 |
| Feb 2Thu | $23,471.87 | −1.06% | ₹19,17,894 | €21,312 |
| Feb 3Fri | $23,449.32 | −0.10% | ₹19,23,921 | €21,503 |
| Feb 4Sat | $23,331.85 | −0.50% | ₹19,14,282 | €21,395 |
| Feb 5Sun | $22,955.67 | −1.61% | ₹18,83,418 | €21,050 |
| Feb 6Mon | $22,760.11 | −0.85% | ₹18,71,473 | €21,092 |
| Feb 7Tue | $23,264.29 | +2.22% | ₹19,25,236 | €21,680 |
| Feb 8Wed | $22,939.40 | −1.40% | ₹18,98,049 | €21,380 |
| Feb 9Thu | $21,819.04 | −4.88% | ₹18,03,551 | €20,362 |
| Feb 10Fri | $21,651.18 | −0.77% | ₹17,86,941 | €20,155 |
| Feb 11Sat | $21,870.88 | +1.01% | ₹18,05,073 | €20,360 |
| Feb 12Sun | $21,788.20 | −0.38% | ₹17,98,250 | €20,283 |
| Feb 13Mon | $21,808.10 | +0.09% | ₹17,99,452 | €20,423 |
| Feb 14Tue | $22,220.80 | +1.89% | ₹18,35,381 | €20,708 |
| Feb 15Wed | $24,307.84 | +9.39% | ₹20,14,333 | €22,643 |
| Feb 16Thu | $23,623.47 | −2.82% | ₹19,54,552 | €22,095 |
| Feb 17Fri | $24,565.60 | +3.99% | ₹20,31,460 | €23,033 |
| Feb 18Sat | $24,641.28 | +0.31% | ₹20,37,718 | €23,104 |
| Feb 19Sun | $24,327.64 | −1.27% | ₹20,11,782 | €22,810 |
| Feb 20Mon | $24,829.15 | +2.06% | ₹20,54,811 | €23,238 |
| Feb 21Tue | $24,436.35 | −1.58% | ₹20,20,825 | €22,875 |
| Feb 22Wed | $24,188.84 | −1.01% | ₹20,04,317 | €22,708 |
| Feb 23Thu | $23,947.49 | −1.00% | ₹19,83,698 | €22,580 |
| Feb 24Fri | $23,198.13 | −3.13% | ₹19,16,581 | €21,890 |
| Feb 25Sat | $23,175.38 | −0.10% | ₹19,14,701 | €21,868 |
| Feb 26Sun | $23,561.21 | +1.66% | ₹19,46,578 | €22,232 |
| Feb 27Mon | $23,522.87 | −0.16% | ₹19,50,469 | €22,286 |
| Feb 28Tue | $23,147.35 | −1.60% | ₹19,13,175 | €21,814 |
How February usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in February 9 times out of 11, with an average move of +12.5% and a median of +12.2%. Every February since 2014 →
Bitcoin in February 2023: FAQ
What was the price of bitcoin in February 2023?
Bitcoin traded between $21,651.18 and $24,829.15 per bitcoin (daily closes) in February 2023, averaging $23,304.54. It closed the month at $23,147.35.
How much did bitcoin go up in February 2023?
Bitcoin rose 0.0%, from $23,139.28 to $23,147.35. The biggest daily rise was +9.4% on February 15, 2023 and the biggest fall −4.9% on February 9, 2023.
What was the bitcoin price on February 1, 2023?
Bitcoin closed at $23,723.77 per bitcoin on February 1, 2023, the first day of the month. India, ₹ per BTC: ₹19,39,855.
Is February usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in February 9 times out of 11, with an average move of +12.5% and a median of +12.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in February 2023?
Bitcoin rose 1.3% in Indian rupee terms in February 2023, compared with 0.0% in US dollars.
Did bitcoin beat stocks in February 2023?
Yes. Bitcoin was 0.0% for the month, against −2.4% for the S&P 500 with dividends.
How did bitcoin react to the Fed and US data in February 2023?
Of 3 scheduled US releases this month, the biggest move came after the CPI inflation (January 2023) on 14 February: +1.9%. The full list with each reaction is on this page.
Did bitcoin keep up with inflation in February 2023?
US consumer prices (CPI) changed +0.56% in February, so bitcoin's real (inflation-adjusted) change was about −0.5%.
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{corgano2026bitcoinpriceinfebruary, author = {{Corgano}}, title = {Bitcoin Price in February 2023}, howpublished = {\url{https://bitcoinprice.corgano.com/bitcoin-price-history/2023/february}}, year = {2026}, note = {Corgano Bitcoin Price, accessed 2026-10-31}}