Bitcoin YearsOctober 2011 Bitcoin price in October 2011
Bitcoin opened October 2011 at about $5.03. Here is how that price compares with the month before, the year before and the months that followed.
- Price on the 1st
- $5.03
- Change on previous month
- −39%
- Change on a year earlier
- +8,283%
The price in context
On Oct 1, 2011, Bitcoin was priced at about $5.03. That is down 39% from September, when it started the month at $8.30.
That was the biggest one-month fall in our data since 2010, out of 196 months.
In 2011, first-of-month prices ranged from $0.30 in January to $15.40 in July.
A year earlier, in October 2010, the price was $0.06, so over twelve months Bitcoin was up 8,283%.
Twelve months later, in October 2012, the price was $12.15 (+142%).
No halving had taken place yet.
Compared with the latest price in our data ($77,521, Nov 2026), one bitcoin bought at this month’s price would be worth 15,412 times as much today. See the Bitcoin calculator.
What happened this month
Litecoin launches, one of the first Bitcoin-inspired alternative coins. More →
Price by month in 2011
Bitcoin price on the first day of each month, in US dollars. This month is highlighted.
Read what happened in 2011 → · Joined Bitcoin in October 2011? Make your card → · All prices →