Share this article
Bitcoin Prices Retreat Toward $4,100 While Bitcoin Cash Soars
Following a week of thrilling price gains, bitcoin prices have now dropped back towards $4,100. The new bitcoin cash, however, is at a record high.
Updated Sep 14, 2021, 1:56 p.m. Published Aug 19, 2017, 9:21 a.m.
Following a week of thrilling price gains and two all-times highs – $4,483 on August 15, and $4,520 on August 17 – bitcoin prices have now slumped back toward $4,000.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Opening the session at $4,159, price across global exchanges peaked early at $4,406 and have since steadily dropped and at press time had recovered sightly to $4,112. The low for the session was $4,040, according to CoinDesk's Bitcoin Price Index.
Bitcoin's market capitalization now stands at over $67 billion, down from $73 billion two days ago, according to data from CoinMarketCap
While the price news isn't positive for holders of bitcoin, bitcoin cash – the new cryptocurrency created via a fork of the bitcoin blockchain on August 1 – has seen prices rocket to a new record high of $756 soon before press time.
Ethereum, the second largest cryptocurrency after bitcoin, is currently trading sideways with prices currently around $293.
Looking more widely, the combined market cap of all cryptocurrencies has dropped to $141 billion from its all-time high of $144.7 billion on August 17.
BASE jumper image via Shutterstock
More For You
需要了解的:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
需要了解的:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
Top Stories
