Bitcoin
$43,680.50-8.17%
Ethereum
$3,026.88-9.77%
XRP
$0.928106-13.21%
Cardano
$2.09-10.09%
Polkadot
$28.65-15.73%
Stellar
$0.282300-11.14%
Dogecoin
$0.211068-10.70%
Chainlink
$23.95-13.57%
Uniswap
$21.30-11.23%
Polygon
$1.15-13.15%
Litecoin
$158.97-10.14%
Bitcoin Cash
$542.86-11.69%
Cosmos
$34.66-17.83%
Wrapped Bitcoin
$43,675.11-8.12%
Algorand
$1.69-15.33%
Filecoin
$76.39-8.85%
The Graph
$0.715367-12.47%
Tron
$0.093405-11.20%
Ethereum Classic
$49.72-11.28%
Aave
$295.11-15.06%
Tezos
$5.38-18.57%
Monero
$236.24-11.61%
NEO
$41.96-13.71%
EOS
$4.24-16.38%
IOTA
$1.31-15.72%
BitTorrent
$0.003395-12.36%
Bitcoin SV
$137.57-12.16%
Maker
$2,479.17-11.24%
Waves
$23.22-16.59%
Dash
$172.18-12.46%
Decred
$124.01-12.26%
ICON
$1.70-7.39%
Decentraland
$0.683883-15.73%
OmiseGO
$10.54+8.33%
NEM
$0.156828-13.42%
Zcash
$120.29-11.59%
Qtum
$10.62-13.67%
NuCypher
$0.280376-14.08%
Yearn Finance
$29,690.25-10.89%
Paxos Standard
$1.01+1.49%
Bitcoin Gold
$55.38-14.35%
Basic Attention Token
$0.657400-11.99%
0x
$0.923011-14.24%
Bancor
$3.58-10.44%
Fetch.ai
$0.678792-13.42%
Ren
$0.772107-15.66%
Band Protocol
$7.65-16.31%
Siacoin
$0.015650-15.32%
Kava.io
$5.15-15.21%
Nano
$4.77-13.82%
Loopring
$0.403829-12.09%
Storj
$1.16-14.09%
Lisk
$3.06-15.63%
Numeraire
$39.54-11.86%
Civic
$0.424936-16.82%
Orchid
$0.342749-7.79%
PAX Gold
$1,772.70+0.17%
Augur
$22.36-12.79%
Aragon
$5.12-15.72%
Enzyme
$105.45-11.11%
district0x
$0.155320-12.08%
Kyber Network
$1.51-13.82%
SingularDTV
$0.001390-4.11%
Tether
$1.00-0.03%
USD Coin
$1.00+0.01%
Dai
$1.00-0.01%

Bitcoin's Price Is Down More Than $500 After Hitting a New High

Bitcoin prices have fallen below $4,000 hours after hitting a new all-time high.

Aug 15, 2017 at 2:43 p.m. UTC
Updated Sep 14, 2021 at 1:56 p.m. UTC

Bitcoin prices have fallen below $4,000 hours after hitting a new all-time high.

According to the CoinDesk Bitcoin Price Index (BPI), bitcoin markets hit a low of $3,892.72 – more than $500 below the high of $4,483.55 reached earlier this morning. At press time, the price of bitcoin is trading at around $3929, more than 10 percent below the day's open.

The drop below $4,000 came just days after the market crossed that threshold for the first time, a move quickly followed further price increases. Given that the market hit a low of $1,990 a month ago, this morning's rise signified a nearly $2,500 increase within that period.

Other cryptocurrency markets are seeing price declines today as well.

, the cryptocurrency of the ethereum network, are down more than 5 percent, trading at roughly $282 at press time. According to data from CoinMarketCap, all of the top-10 cryptocurrencies are down today.

Image via Shutterstock

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...