Bitcoin Price in March 2023
In March 2023, bitcoin rose 23.0%, from $23,147.35 at the end of February to $28,478.48 per bitcoin on March 31, 2023. The highest close was $28,478.48 on March 31, 2023, the lowest $20,187.24 on March 10, 2023, and the average over 31 days was $25,116.90. Today's price is 171.6% higher than the March 2023 close.
Bitcoin ended March higher. What usually happens in April after a higher March →
- Bitcoin rose 23.0% in US dollars in March 2023, leaving it up 72.1% for the year to date.
- Measured in other currencies, the change ranged from +18.7% in ZAR to +34.3% in PKR, because exchange rates moved too.
- It did better than gold (+7.2%), silver (+14.9%) and US stocks (+3.7%).
- It closed higher on 16 days and lower on 15, with an average daily move of 2.68%.
- At the end of the month it was 57.9% below its highest close since 2014.
- Bitcoin in ounces of gold: 12.6 → 14.5.
- The biggest reaction to a scheduled US release was to the CPI inflation (February 2023) on 14 March: +2.3% that day.
Bitcoin price chart, March 2023
US dollars per bitcoin · daily closeBitcoin in other currencies, March 2023
| Currency | Change in the month |
|---|---|
| PKR | +34.3% |
| ARS | +30.4% |
| TRY | +24.9% |
| AUD | +23.5% |
| NGN | +23.3% |
| CAD | +22.6% |
| INR | +22.2% |
| BRL | +20.5% |
| JPY | +20.2% |
| GBP | +19.8% |
| EUR | +19.7% |
| ZAR | +18.7% |
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, March 2023
| Asset | Change (USD) |
|---|---|
| Bitcoin | +23.0% |
| Gold | +7.2% |
| Silver | +14.9% |
| S&P 500 (with dividends) | +3.7% |
| US inflation (CPI, month) | +0.33% |
| Bitcoin, year to date (end of March) | +72.1% |
| Bitcoin in ounces of gold | 12.6 → 14.5 |
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 March 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 10 Mar | Jobs report (February 2023) | — | −0.9% |
| Tue 14 Mar | CPI inflation (February 2023) | — | +2.3% |
| Wed 22 Mar | Fed rate decision + projections | Raised 25 bp (4.75–5.00%) | +0.6% |
Key Events in March 2023
Daily Bitcoin Prices, March 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 |
|---|---|---|---|---|
| Mar 1Wed | $23,646.55 | +2.16% | ₹19,54,042 | €22,355 |
| Mar 2Thu | $23,475.47 | −0.72% | ₹19,34,846 | €22,004 |
| Mar 3Fri | $22,362.68 | −4.74% | ₹18,41,694 | €21,097 |
| Mar 4Sat | $22,353.35 | −0.04% | ₹18,40,926 | €21,088 |
| Mar 5Sun | $22,435.51 | +0.37% | ₹18,47,692 | €21,166 |
| Mar 6Mon | $22,429.76 | −0.03% | ₹18,32,792 | €21,109 |
| Mar 7Tue | $22,219.77 | −0.94% | ₹18,18,786 | €20,789 |
| Mar 8Wed | $21,718.08 | −2.26% | ₹17,82,503 | €20,584 |
| Mar 9Thu | $20,363.02 | −6.24% | ₹16,69,045 | €19,302 |
| Mar 10Fri | $20,187.24 | −0.86% | ₹16,55,725 | €19,073 |
| Mar 11Sat | $20,632.41 | +2.21% | ₹16,92,237 | €19,494 |
| Mar 12Sun | $22,163.95 | +7.42% | ₹18,17,852 | €20,940 |
| Mar 13Mon | $24,197.53 | +9.18% | ₹19,83,181 | €22,649 |
| Mar 14Tue | $24,746.07 | +2.27% | ₹20,39,507 | €23,073 |
| Mar 15Wed | $24,375.96 | −1.50% | ₹20,06,261 | €22,723 |
| Mar 16Thu | $25,052.79 | +2.78% | ₹20,72,259 | €23,672 |
| Mar 17Fri | $27,423.93 | +9.46% | ₹22,65,842 | €25,836 |
| Mar 18Sat | $26,965.88 | −1.67% | ₹22,27,996 | €25,405 |
| Mar 19Sun | $28,038.68 | +3.98% | ₹23,16,634 | €26,415 |
| Mar 20Mon | $27,767.24 | −0.97% | ₹22,91,713 | €26,001 |
| Mar 21Tue | $28,175.82 | +1.47% | ₹23,25,325 | €26,285 |
| Mar 22Wed | $27,307.44 | −3.08% | ₹22,57,697 | €25,344 |
| Mar 23Thu | $28,333.97 | +3.76% | ₹23,38,284 | €26,064 |
| Mar 24Fri | $27,493.29 | −2.97% | ₹22,61,743 | €25,374 |
| Mar 25Sat | $27,494.71 | +0.01% | ₹22,61,860 | €25,375 |
| Mar 26Sun | $27,994.33 | +1.82% | ₹23,05,020 | €25,973 |
| Mar 27Mon | $27,139.89 | −3.05% | ₹22,31,303 | €25,113 |
| Mar 28Tue | $27,268.13 | +0.47% | ₹22,40,467 | €25,158 |
| Mar 29Wed | $28,348.44 | +3.96% | ₹23,31,812 | €26,143 |
| Mar 30Thu | $28,033.56 | −1.11% | ₹23,01,569 | €25,707 |
| Mar 31Fri | $28,478.48 | +1.59% | ₹23,38,098 | €26,115 |
How March usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in March 5 times out of 11, with an average move of +0.4% and a median of −2.2%. Every March since 2014 →
Bitcoin in March 2023: FAQ
What was the price of bitcoin in March 2023?
Bitcoin traded between $20,187.24 and $28,478.48 per bitcoin (daily closes) in March 2023, averaging $25,116.90. It closed the month at $28,478.48.
How much did bitcoin go up in March 2023?
Bitcoin rose 23.0%, from $23,147.35 to $28,478.48. The biggest daily rise was +9.5% on March 17, 2023 and the biggest fall −6.2% on March 9, 2023.
What was the bitcoin price on March 1, 2023?
Bitcoin closed at $23,646.55 per bitcoin on March 1, 2023, the first day of the month. India, ₹ per BTC: ₹19,54,042.
Is March usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in March 5 times out of 11, with an average move of +0.4% and a median of −2.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in March 2023?
Bitcoin rose 22.2% in Indian rupee terms in March 2023, compared with +23.0% in US dollars.
Did bitcoin beat stocks in March 2023?
Yes. Bitcoin was +23.0% for the month, against +3.7% for the S&P 500 with dividends.
How did bitcoin react to the Fed and US data in March 2023?
Of 3 scheduled US releases this month, the biggest move came after the CPI inflation (February 2023) on 14 March: +2.3%. The full list with each reaction is on this page.
Did bitcoin keep up with inflation in March 2023?
US consumer prices (CPI) changed +0.33% in March, so bitcoin's real (inflation-adjusted) change was about +22.6%.
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{corgano2026bitcoinpriceinmarch, author = {{Corgano}}, title = {Bitcoin Price in March 2023}, howpublished = {\url{https://bitcoinprice.corgano.com/bitcoin-price-history/2023/march}}, year = {2026}, note = {Corgano Bitcoin Price, accessed 2026-10-31}}