Bitcoin (BTC) price analysis over 2018

The price of BTC dropped 73% in 2018

2018 was a torrid year for cryptocurrencies. The price of Bitcoin (BTC) dropped an astonishing 73% since it opened at $13,850.50 on January 1st, 2018. It closed on December 31st, 2018 at $3,709.50.

Despite the hammering the BTC price took over 2018, it is still the biggest, most well known, and most widely traded cryptocurrency around. It is the largest of the top 10 cryptocurrencies by market capitalisation.

Monthly BTC price and monthly change

Date Open Close Monthly change Annual change
Jan-18 13,850.50 10,265.40 -25.88% -25.88%
Feb-18 10,266.20 10,333.90 0.66% -25.39%
Mar-18 10,335.10 6,938.20 -32.87% -49.91%
Apr-18 6,939.10 9,245.10 33.23% -33.25%
May-18 9,245.10 7,502.60 -18.85% -45.83%
Jun-18 7,502.50 6,398.90 -14.71% -53.80%
Jul-18 6,398.50 7,729.40 20.80% -44.19%
Aug-18 7,728.50 7,033.80 -8.99% -49.22%
Sep-18 7,032.40 6,635.20 -5.65% -52.09%
Oct-18 6,635.20 6,365.90 -4.06% -54.04%
Nov-18 6,365.90 4,039.70 -36.54% -70.83%
Dec-18 4,038.70 3,709.50 -8.15% -73.22%

Latest Bitcoin price commentary

Current live BTC price information and interactive charts are available on our site 24 hours a day. The ticker bar at the top of every page on our site has the latest BTC price. Pricing is also available in a range of different currency equivalents:

US Dollar – BTCUSD

British Pound Sterling – BTCGBP

Japanese Yen – BTCJPY


Australian Dollar – BTCAUD

Russian Rouble – BTCRUB

In addition, we regularly publish a BTC price analysis:

About Bitcoin

In August 2008, the domain name was registered. On October 31st, 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are.

The paper outlined a method of using a P2P network for electronic transactions without “relying on trust”. On January 3rd, 2009, the Bitcoin network came into existence. Nakamoto mined block number “0” (or the “genesis block”), which had a reward of 50 Bitcoins.

Our site is packed full of content and resources if you want to find out more in depth information about cryptocurrencies.

If you want to find out the latest news about Bitcoin or cryptocurrencies in general, then use the search box at the top of this page. Here’s a couple of articles to get you started:

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news.




Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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