Bitcoin Slips Over 7.5% From Record High, Ether Also Down: Why Are Cryptos Falling? | Cryptocurrency News


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Bitcoin has fallen over 7.5% to about $115,000 in the past four days from its all-time high of $124,457 recorded on August 14, 2025.

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Bitcoin Price Today, August 18.

Bitcoin Price Today, August 18.

Bitcoin, the world’s largest cryptocurrency, on Monday fell more than 2% on Monday, August 18, retreating to about $115,000. According to CoinMarketCap, Bitcoin was trading down by 2.2% at $115,451.51 as of 12:40 pm. Its market capitalisation stood at $2.29 trillion, with a 24-hour trading volume of $59.96 billion.

With this, Bitcoin has fallen over 7.5% in the past four days from its all-time high of $124,457 recorded on August 14, 2025.

Meanwhile, Ether, the second-largest token, also lost ground on Monday, slipping nearly 3% to $4,349 in the past 24 hours.

The pullback comes after Bitcoin hit a record high of $124,457 on August 14, while Ether surged to within $100 of its all-time peak of $4,891.70 recorded in November 2021. Both tokens had been buoyed in recent weeks by strong institutional inflows, particularly from digital-asset treasury companies.

According to CoinSwitch Markets Desk, “BTC has seen high volatility over the past two days, slipping from levels above $123K to test lows near $115K. The decline began with persistent selling pressure that dragged prices below $121K and $119K. Although BTC briefly recovered toward $118,900, the move lacked strength and sellers quickly regained control, driving the price lower. Since Friday, ETH has dropped about 7% and is now trading near the $4,300 level.”

Japan’s FSA is set to approve yen-denominated stablecoins as early as this fall, paving the way for the country’s first domestically issued fiat-backed digital currency. Meanwhile, Gemini has filed with the U.S. SEC to list its Class A common stock on Nasdaq under the ticker GEMI, signaling the exchange’s push into public markets, it added.

Himanshu Maradiya, founder and chairman of CIFDAQ, said, “Despite long-term optimism, crypto markets are facing short-term turbulence. Bitcoin and Ethereum have pulled back from recent highs amid hotter U.S. inflation data, trade tensions, and shifting expectations for interest rate cuts. Over $600 million in liquidations, profit-taking near resistance levels, and declining flows into decentralized finance have amplified the correction. Ethereum has also lagged Bitcoin, adding further pressure.”

With high leverage still in play, macroeconomic headwinds and regulatory uncertainty could continue fueling volatility in the months ahead, he added.

Avinash Shekhar, co-founder & CEO of Pi42, said, “We are witnessing a strategic rotation into altcoins with solid fundamentals and real-world use cases. We interpret this as a sign of growing market sophistication, where participants are looking beyond just Bitcoin dominance and identifying value in projects that power key infrastructure like decentralised data services.”

This divergence in momentum is healthy for the broader digital asset ecosystem. It suggests that capital allocation is becoming more discerning, driven not just by price speculation, but by utility, adoption, and network strength, he added.

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Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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