Bitcoin Price Journey Every Eid: Trends and Volatility
Since it was first publicly traded, Bitcoin has experienced significant price growth.
Reviewing Bitcoin’s price data during each Eid al-Fitr celebration over the years provides interesting insights into the long-term development of this crypto asset.
Bitcoin Price Trends During Eid al-Fitr
Citing information from Coinvestasi, here is the price data of Bitcoin on Eid al-Fitr from 2010 to 2025:
- 2010: US$0.06
- 2011: US$3
- 2012: US$5
- 2013: US$100
- 2014: US$450
- 2015: US$280
- 2016: US$660
- 2017: US$2,550
- 2018: US$6,650
- 2019: US$7,400
- 2020: US$8,700
- 2021: US$45,400
- 2022: US$38,000
- 2023: US$27,100
- 2024: US$67,500
- 2025: US$84,100
The price increase from US$0.06 in 2010 to US$84,100 in 2025 represents growth of over 1.3 million times in 15 years.
However, this journey has also been marked by significant volatility. After reaching a peak in 2021, Bitcoin’s price declined in 2022 and 2023 before rebounding strongly in 2024 and 2025.
Factors Influencing Price Movements
Bitcoin price fluctuations are influenced by various factors, including:
Global Market Sentiment: Economic and political events worldwide can affect investor confidence in crypto assets.
Government Regulations: Policies that support or restrict crypto usage can have a direct impact on price.
Blockchain Technology Developments: Innovations and advancements in Bitcoin’s underlying technology can boost adoption and, in turn, price.
Conclusion
Bitcoin’s price journey during Eid al-Fitr over the years reflects remarkable growth alongside high volatility.
Investors are advised to always conduct thorough research and consider various factors before making investment decisions, as the dynamics of the crypto market can change rapidly.
