Bitcoin recorded its first monthly close above $100,000

Bitcoin entered February 1, 2025 having completed its first monthly close above $100,000 on major spot markets. Bitstamp’s BTC/USD chart ended January near $102,400, according to contemporaneous reporting published on February 1. Binance’s BTC/USDT market independently recorded a January close of 102,429.56 USDT.

The milestone mattered because it was more durable than an isolated trade above a round-number threshold. A monthly close summarizes the final execution at a defined venue and cutoff after weeks of continuous trading. It showed that bitcoin had retained a six-figure valuation through the end of an entire calendar month, even as prices remained volatile.

It was not, however, a universal closing price. Bitcoin trades continuously across exchanges, currency pairs and time zones, without a consolidated closing auction.

What the venue records showed

Binance’s archived January BTC/USDT monthly candle covers 00:00 UTC on January 1 through 23:59:59.999 UTC on January 31. It records an opening price of 93,576 USDT, a high of 109,588 USDT, a low of 89,256.69 USDT and a close of 102,429.56 USDT.

Using those opening and closing values, Coinburn calculates a January gain of approximately 9.46% on that market. The intramonth range from the low to the high was approximately 22.78%. Those percentages are calculations from Binance’s venue-specific candle, not estimates of a consolidated global bitcoin return.

USDT is a dollar-linked token rather than a bank dollar, and the Binance pair is not identical to Bitstamp’s BTC/USD market. The approximately $30 difference between their reported closes was about 0.03% of the Bitstamp figure, consistent with the ordinary variation produced by venue liquidity, quote assets and execution timing.

Binance’s documentation identifies monthly candles with the `1M` interval and says its downloadable files derive from the exchange’s public kline endpoint. The record supplies open, high, low, close, volume and cutoff timestamps. Binance also warns through its data documentation that monthly archives become available after the month ends, so the file is a later preservation of contemporaneous venue trading rather than evidence that the archive itself existed at the February 1 cutoff.

Why a monthly close mattered

Bitcoin had already traded above $100,000 before February 1, but intraday threshold crossings can reverse within minutes or hours. The January close established something narrower and more defensible: on the cited markets, the final January trade remained above $100,000 when the UTC calendar rolled into February.

That distinction was relevant to institutions using month-end valuations, performance reports and risk statements. A fund, custodian or corporate treasury may use a designated benchmark rather than a retail exchange’s last trade, so the milestone did not establish one mandatory accounting value. It nevertheless showed that six-figure bitcoin prices were persisting at a standard reporting boundary rather than appearing only as transient highs.

The close also followed a wide January trading range. Binance’s 109,588-USDT high was 19.58% above its 89,256.69-USDT low, a Coinburn calculation. The record therefore supported both conclusions visible on February 1: bitcoin had achieved a historically high month-end level, and substantial downside volatility remained possible within the same month.

What could be known on February 1

Contemporaneous reporting identified the Bitstamp close as bitcoin’s first six-figure monthly finish and estimated January’s broader gain near 9.3% using a different dataset. The small difference from Coinburn’s 9.46% Binance calculation reflects different venues and methodologies rather than a contradiction.

No conclusion about February’s eventual return follows from the January close. Historical seasonal comparisons and bullish forecasts circulating on February 1 were opinions, not verified outcomes. The event-day record established a price milestone, not a guarantee that $100,000 would become support or that bitcoin’s next move would be higher.