Bitcoin Price in August 2018
In August 2018, bitcoin fell 9.5%, from $7,780.44 at the end of July to $7,037.58 per bitcoin on August 31, 2018. The highest close was $7,624.91 on August 1, 2018, the lowest $6,184.71 on August 10, 2018, and the average over 31 days was $6,700.13. Today's price is 998.5% higher than the August 2018 close.
Bitcoin ended August lower. What usually happens in September after a lower August →
- Bitcoin fell 9.5% in US dollars in August 2018, leaving it down 50.3% for the year to date.
- Measured in other currencies, the change ranged from −10.2% in JPY to +27.8% in ARS, because exchange rates moved too.
- It did worse than gold (−1.9%), silver (−6.9%) and US stocks (+3.3%).
- It closed higher on 15 days and lower on 16, with an average daily move of 2.20%.
- At the end of the month it was 63.9% below its highest close since 2014.
- Bitcoin in ounces of gold: 6.4 → 5.9.
Bitcoin price chart, August 2018
US dollars per bitcoin · daily closeBitcoin in other currencies, August 2018
| Currency | Change in the month |
|---|---|
| ARS | +27.8% |
| TRY | +23.9% |
| ZAR | +0.5% |
| BRL | 0.0% |
| INR | −5.7% |
| AUD | −7.6% |
| GBP | −8.8% |
| NGN | −9.0% |
| EUR | −9.4% |
| CAD | −9.8% |
| PKR | −10.1% |
| JPY | −10.2% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes bitcoin rise more in local terms.
Bitcoin vs other assets, August 2018
| Asset | Change (USD) |
|---|---|
| Bitcoin | −9.5% |
| Gold | −1.9% |
| Silver | −6.9% |
| S&P 500 (with dividends) | +3.3% |
| US inflation (CPI, month) | +0.06% |
| Bitcoin, year to date (end of August) | −50.3% |
| Bitcoin in ounces of gold | 6.4 → 5.9 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Bitcoin Prices, August 2018
Closing price for every day, with the same price in INR and EUR at that day's exchange rate.
| Date | Close (USD per BTC) | Change | India, ₹ per BTC | Euro, € per BTC |
|---|---|---|---|---|
| Aug 1Wed | $7,624.91 | −2.00% | ₹5,20,836 | €6,536.07 |
| Aug 2Thu | $7,567.15 | −0.76% | ₹5,19,224 | €6,531.21 |
| Aug 3Fri | $7,434.39 | −1.75% | ₹5,10,114 | €6,416.62 |
| Aug 4Sat | $7,032.85 | −5.40% | ₹4,82,563 | €6,070.05 |
| Aug 5Sun | $7,068.48 | +0.51% | ₹4,84,226 | €6,113.53 |
| Aug 6Mon | $6,951.80 | −1.65% | ₹4,78,353 | €6,014.70 |
| Aug 7Tue | $6,753.12 | −2.86% | ₹4,63,237 | €5,820.51 |
| Aug 8Wed | $6,305.80 | −6.62% | ₹4,31,664 | €5,431.19 |
| Aug 9Thu | $6,568.23 | +4.16% | ₹4,53,865 | €5,699.91 |
| Aug 10Fri | $6,184.71 | −5.84% | ₹4,27,363 | €5,367.09 |
| Aug 11Sat | $6,295.73 | +1.80% | ₹4,35,035 | €5,463.43 |
| Aug 12Sun | $6,322.69 | +0.43% | ₹4,36,803 | €5,548.79 |
| Aug 13Mon | $6,297.57 | −0.40% | ₹4,40,509 | €5,522.97 |
| Aug 14Tue | $6,199.71 | −1.55% | ₹4,33,670 | €5,464.42 |
| Aug 15Wed | $6,308.52 | +1.76% | ₹4,45,760 | €5,560.96 |
| Aug 16Thu | $6,334.73 | +0.42% | ₹4,43,463 | €5,570.76 |
| Aug 17Fri | $6,580.63 | +3.88% | ₹4,60,677 | €5,787.01 |
| Aug 18Sat | $6,423.76 | −2.38% | ₹4,49,695 | €5,649.05 |
| Aug 19Sun | $6,506.07 | +1.28% | ₹4,54,026 | €5,688.26 |
| Aug 20Mon | $6,308.53 | −3.04% | ₹4,39,957 | €5,489.68 |
| Aug 21Tue | $6,488.76 | +2.86% | ₹4,52,980 | €5,604.99 |
| Aug 22Wed | $6,376.71 | −1.73% | ₹4,45,031 | €5,504.38 |
| Aug 23Thu | $6,534.88 | +2.48% | ₹4,59,239 | €5,661.17 |
| Aug 24Fri | $6,719.96 | +2.83% | ₹4,72,245 | €5,821.50 |
| Aug 25Sat | $6,763.19 | +0.64% | ₹4,75,283 | €5,858.95 |
| Aug 26Sun | $6,707.26 | −0.83% | ₹4,67,932 | €5,757.51 |
| Aug 27Mon | $6,884.64 | +2.64% | ₹4,81,546 | €5,892.56 |
| Aug 28Tue | $7,096.28 | +3.07% | ₹5,00,572 | €6,069.45 |
| Aug 29Wed | $7,047.16 | −0.69% | ₹4,99,714 | €6,018.27 |
| Aug 30Thu | $6,978.23 | −0.98% | ₹4,98,281 | €5,982.44 |
| Aug 31Fri | $7,037.58 | +0.85% | ₹5,02,518 | €6,033.32 |
How August usually goes for bitcoin
In the 11 years from 2015 to 2025, bitcoin rose in August 3 times out of 11, with an average move of −0.2% and a median of −7.9%. Every August since 2014 →
Bitcoin in August 2018: FAQ
What was the price of bitcoin in August 2018?
Bitcoin traded between $6,184.71 and $7,624.91 per bitcoin (daily closes) in August 2018, averaging $6,700.13. It closed the month at $7,037.58.
How much did bitcoin go down in August 2018?
Bitcoin fell 9.5%, from $7,780.44 to $7,037.58. The biggest daily rise was +4.2% on August 9, 2018 and the biggest fall −6.6% on August 8, 2018.
What was the bitcoin price on August 1, 2018?
Bitcoin closed at $7,624.91 per bitcoin on August 1, 2018, the first day of the month. India, ₹ per BTC: ₹5,20,836.
Is August usually a good month for bitcoin?
In the 11 years from 2015 to 2025, bitcoin rose in August 3 times out of 11, with an average move of −0.2% and a median of −7.9%. Past seasonal patterns are not a reliable guide to any single year.
How much did bitcoin change in rupees in August 2018?
Bitcoin fell 5.7% in Indian rupee terms in August 2018, compared with −9.5% in US dollars.
Did bitcoin beat stocks in August 2018?
No. Bitcoin was −9.5% for the month, against +3.3% for the S&P 500 with dividends.
Did bitcoin keep up with inflation in August 2018?
US consumer prices (CPI) changed +0.06% in August, so bitcoin's real (inflation-adjusted) change was about −9.6%.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026bitcoinpriceinaugust, author = {{Corgano}}, title = {Bitcoin Price in August 2018}, howpublished = {\url{https://bitcoinprice.corgano.com/bitcoin-price-history/2018/august}}, year = {2026}, note = {Corgano Bitcoin Price, accessed 2026-10-31}}