After historic highs last week, bitcoin has been trading sideways for the past 48 hours, and prices fluctuate in the range of $ 4,050 to $ 4,200.
Asset prices on global stock exchanges averaged $ 4,109 at the time of the press, opening the session to $ 4,206 and peaking at $ 4,208 at 8:00 UTC, according to CoinDesk's Bitcoin price index.
The question that everyone will ask now is, will the price rise or fall when the next big move begins? For that we will have to wait and see, but a Goldman Sachs analyst said, on August 14, that bitcoin could rise as high as $ 4,800 in the current bull market.
On the other hand, the new bitcoin alternative, bitcoin cash, surprised observers briefly yesterday by setting its own historical high of around $ 1,091, according to CoinMarketCap data.
Since it was set up at a bitcoin chain holder on August 1, prices had been mostly constant around $ 300. However, a breakup on August 17 saw an enthusiastic trade - in the exchanges of Korea South, in particular - which took the digital asset to its previously unseen heights.
In the later hours, bitcoin cash prices have dropped a bit and now hover near the $ 800 mark.
Overall, the market continues to trend upward, with market capitalization across all currency crypts currently at $ 146 billion - slightly less than a record $ 147.2 billion established around 8: 00 UTC this morning.