$1,000 in Bitcoin in 2018
A $1,000 investment in Bitcoin (BTC) made in January 2018 would be worth about $5,803 as of May 2026 (latest complete month) — a ×5.8 return, or +23.5% per year. Adjusted for US inflation (CPI), that equals $4,324 in 2018 dollars. The same $1,000 in the S&P 500 with dividends reinvested would have grown to $3,086.
In plain terms: after stripping out +34.2% US inflation since January 2018, today's $5,803 buys roughly what $4,324 bought back in 2018 — a ×4.3 gain in actual purchasing power.
Bitcoin is the first and largest cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. Its fixed 21-million-coin supply and four-year halving cycle have historically produced violent boom-and-bust cycles around a long-term upward trend. It remains the benchmark asset of the entire crypto market.
Data as of · updated weekly
The actual numbers: Bitcoin since 2018
| BTC price in January 2018 | $13,465 |
| BTC price as of May 2026 | $78,133 |
| Nominal return | ×5.8 (+23.5%/yr) |
| US CPI inflation since January 2018 | +34.2% |
| Real (inflation-adjusted) return | ×4.3 (+19.2%/yr) |
| Same money in the S&P 500 | $3,086 |
Methodology: start-of-month prices, one-time purchase, no fees or taxes assumed. Full methodology.
What happened in 2018
2018 was the crypto winter: Bitcoin fell 73%, Ethereum more than 80%, and most 2017 ICO tokens lost 95%+. A brutal lesson in what follows vertical years.
Recalculate with your amount and date
Results and the chart update instantly as you change the inputs.
Bitcoin vs S&P 500 total return vs uninvested cash eroded by CPI. Monthly grid, start-of-month prices.
FAQ: Bitcoin returns since 2018
How much would $1,000 invested in Bitcoin in 2018 be worth today?
What does “inflation-adjusted” mean here?
Did Bitcoin beat the S&P 500 since 2018?
What was the average annual return of Bitcoin since 2018?
Where does the data come from?
Bitcoin in other years
Other assets in 2018
Educational purposes only — not investment advice and not a recommendation to buy or sell any asset. Past performance is not indicative of future results. Calculations assume a one-time purchase at the start-of-month price, no fees, no taxes and no selling.