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May 2024 Bitcoin price in May 2024

Bitcoin opened May 2024 at about $58,254. Here is how that price compares with the month before, the year before and the months that followed.

Price on the 1st: $58,254
Change on previous month: −16%
Change on a year earlier: +107%

The price in context

On May 1, 2024, Bitcoin was priced at about $58,254. That is down 16% from April, when it started the month at $69,702.

In 2024, first-of-month prices ranged from $43,076 in February to $97,280 in December.

A year earlier, in May 2023, the price was $28,092, so over twelve months Bitcoin was up 107%.

Twelve months later, in May 2025, the price was $96,492 (+66%).

By this month, Bitcoin had been through 4 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.

Nearby in Bitcoin history

No major event is recorded on our site for this month. The closest ones:

Before · Apr 20, 2024
The fourth Bitcoin halving. On April 20, 2024, at block 840,000, the block reward fell from 6.25 BTC to 3.125 BTC.
After · July 2024
Mt. Gox starts distributing coins to creditors, a decade after its collapse. More →

Price by month in 2024

Bitcoin price on the first day of each month, in US dollars. This month is highlighted.

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Read what happened in 2024 → · Joined Bitcoin in May 2024? Make your card → · All prices →