Bitcoin's purchasing power in 2020
BTC opened 2020 at $7,081 and closed at $29,170 (+311.9% on the year). Over 366 trading days, BTC ranged from $4,941 (low) to $29,170 (high).
Bitcoin in commodities, 2020 open vs close
- 1 BTC → gold
- 4.65 oz → 15.36 oz
- 1 BTC → silver
- 394.81 oz → 1,105 oz
- BTC USD high / low
- $29,170 / $4,941
Month-by-month closes
Each row uses the last available trading day of the month for the BTC/USD, BTC/XAU, and BTC/XAG ratios.
| Month-end | BTC USD | 1 BTC in gold | 1 BTC in silver |
|---|---|---|---|
| Jan 2020 | $9,311 | 5.87 oz | 516.37 oz |
| Feb 2020 | $8,726 | 5.52 oz | 523.87 oz |
| Mar 2020 | $6,460 | 4.10 oz | 462.15 oz |
| Apr 2020 | $8,764 | 5.20 oz | 585.81 oz |
| May 2020 | $9,568 | 5.51 oz | 526.86 oz |
| Jun 2020 | $9,166 | 5.15 oz | 503.62 oz |
| Jul 2020 | $11,328 | 5.74 oz | 465.79 oz |
| Aug 2020 | $11,640 | 5.92 oz | 413.65 oz |
| Sep 2020 | $10,709 | 5.68 oz | 461.00 oz |
| Oct 2020 | $13,618 | 7.23 oz | 572.18 oz |
| Nov 2020 | $19,484 | 10.97 oz | 860.98 oz |
| Dec 2020 | $29,170 | 15.36 oz | 1,105 oz |