Reviewed by: Mia Carolina Almeida
Last Updated: May 29, 2024
Rating: 4.7/5 (67 reviews)
In 2020, Bitcoin's annual low was R$24,645 ($4,800), a 97.05% increase from 2019. Despite a minor 0.33% dip compared to 2018, Bitcoin maintained an average growth rate of 104% since 2013 when measured in Brazilian Reais (BRL).
Key Bitcoin Milestones in 2020
Bitcoin Price in 2020
The year 2020 was pivotal for Bitcoin, marked by institutional adoption. Its price surged 321%, rising from $7,000 to a record $30,000 by year-end (later surpassed in 2021 despite a 20% correction).
Bitcoin’s Growth in 2020
Post-2020 halving, Bitcoin appreciated by 300% in USD terms. Ethereum outperformed with a 473% rise, reflecting broader crypto market trends tied to Bitcoin’s movements.
Historical Bitcoin Prices
| Year | Price (USD) | Key Events |
|---|---|---|
| 2014 | $300 | Major value drop |
| 2015 | $450 | Slight recovery |
| 2016 | $1,000 | Regained 2013 levels |
| 2017 | $20,000 | All-time high before correction |
| 2018 | R$46,990 | Year opened at R$15,480 |
| 2020 | $30,000 | Institutional boom |
Bitcoin Price Predictions
2024 Outlook
Analysts project Bitcoin could reach $80,000–$250,000 by late 2024, with Ark Invest forecasting $600,000 by 2030 in a bullish scenario.
Long-Term Forecasts
By 2050, Bitcoin may exceed $500,000 due to limited supply and rising demand as a digital gold alternative.
FAQs
How much was 1 Bitcoin in 2015?
In 2015, Bitcoin traded at **$450**, recovering from a 2014 low of $300.
What if I invested R$100 in Bitcoin in 2010?
A R$100 investment in 2010 would be worth **~R$175 million** today, based on Bitcoin’s historical growth.
What was Bitcoin’s lowest price ever?
The lowest recorded price was $0.03 on May 25, 2010.
How much does R$100 in Bitcoin yield annually?
In 2023, R$100 in Bitcoin yielded 109% returns, outperforming traditional investments like CDI (8.5%).
Why does Bitcoin appreciate?
Scarcity (21 million cap), institutional adoption, and store-of-value demand drive its value.
👉 Discover how to invest in Bitcoin today
👉 Learn about Bitcoin’s halving events
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