Bitcoin YearsMay 2021 Bitcoin price in May 2021
Bitcoin opened May 2021 at about $57,828. Here is how that price compares with the month before, the year before and the months that followed.
- Price on the 1st
- $57,828
- Change on previous month
- −2.1%
- Change on a year earlier
- +552%
The price in context
On May 1, 2021, Bitcoin was priced at about $57,828. That is down 2.1% from April, when it started the month at $59,096.
In 2021, first-of-month prices ranged from $29,374 in January to $61,004 in November.
A year earlier, in May 2020, the price was $8,865, so over twelve months Bitcoin was up 552%.
Twelve months later, in May 2022, the price was $38,469 (−33%).
By this month, Bitcoin had been through 3 halvings.
Compared with the latest price in our data ($77,521, Nov 2026), one bitcoin bought at this month’s price would be worth 1.3 times as much today. See the Bitcoin calculator.
What happened this month
Tesla suspends Bitcoin payments. Tesla stops accepting Bitcoin for cars, citing the energy used by mining. The price falls sharply over the following week.
Black Wednesday: China drives out the miners. A week after Tesla’s reversal, China reiterated its ban on crypto transactions and signalled a crackdown on mining. On 19 May, remembered as Black Wednesday, Bitcoin fell about 30% within hours, briefly touching…
Price by month in 2021
Bitcoin price on the first day of each month, in US dollars. This month is highlighted.
Read what happened in 2021 → · Joined Bitcoin in May 2021? Make your card → · All prices →