May 2020 Bitcoin price in May 2020
Bitcoin opened May 2020 at about $8,865. Here is how that price compares with the month before, the year before and the months that followed.
- Price on the 1st
- $8,865
- Change on previous month
- +34%
- Change on a year earlier
- +64%
The price in context
On May 1, 2020, Bitcoin was priced at about $8,865. That is up 34% from April, when it started the month at $6,607.
In 2020, first-of-month prices ranged from $6,607 in April to $18,803 in December.
A year earlier, in May 2019, the price was $5,403, so over twelve months Bitcoin was up 64%.
Twelve months later, in May 2021, the price was $57,828 (+552%).
The third Bitcoin halving took place this month, on May 11, 2020. See the 2020 halving.
Compared with the latest price in our data ($84,853, Oct 2026), one bitcoin bought at this month’s price would be worth 9.6 times as much today. See the Bitcoin calculator.
What happened this month
The third Bitcoin halving. On May 11, 2020, at block 630,000, the block reward fell from 12.5 BTC to 6.25 BTC.
Price by month in 2020
Bitcoin price on the first day of each month, in US dollars. This month is highlighted.
Read what happened in 2020 → · Joined Bitcoin in May 2020? Make your card → · All prices →
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