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How Bitcoin’s Price Has Changed on Thanksgiving Day Over the Past 10 Years

On Thanksgiving Day, which is celebrated in the United States today, investors in We should thank the crypto gods for positive returns. Despite complaints about a bad year in 2025, BTC has risen 450% in price over the past three years.

In different years, during the holiday period, Bitcoin dynamics turned out to be positive by 16%, as in 2011 and 2015, and sometimes showed a decline of 27% (in 2010).

In its early years, BTC was a much less valuable and more volatile asset, so double-digit gains and losses were common.

When exchanges like New Liberty Standard, BitcoinMarket, TradeHill, VirWoX, BTC-e and MtGox existed, Bitcoin often rose or fell by tens, even hundreds, of percentage points daily.

As volume and liquidity increased, its volatility decreased. Throughout the decade, Thanksgiving Day saw a 50/50 split between uptrends and downtrends.

In fact, this day was nothing special, as price fluctuations sometimes did not exceed 0,1%. Below is the BTC return for the previous 15 Thanksgiving weekends.

  • 2024: + 1.3%
  • 2023: + 0.1%
  • 2022: -1.1%
  • 2021: + 0.2%
  • 2020: -2.8%
  • 2019: -1.5%
  • 2018: -13.3%
  • 2017: + 13%
  • 2016: -1.7%
  • 2015: + 16%
  • 2014: + 2%
  • 2013: -5%
  • 2012: + 1.3%
  • 2011: + 15.6%
  • 2010: -26.5%
  • 2009: -10%

In 2025, Bitcoin’s daily growth exceeded 4%, and its value added $5000 (daily minimum — $86,300, daily maximum — $91,300).

Source

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