Bitcoin (BTC-USD) opened at $74,332.94 on Thursday, down 2% from Wednesday’s opening price. The value of bitcoin fell to $73,285.68 at 7:18 am ET.
The price of bitcoin is reacting similarly to other investment assets this morning, following reports that the US military attacked Iranian drones and a drone launch site in a defensive strategy to protect ships in the Strait of Hormuz. Investors are pulling out of riskier investments like cryptocurrencies as the United States and Iran can’t seem to align on a proposal that would effectively open the strait, resume the flow of oil and natural gas around the world and begin to curb rising levels of inflation that have the Federal Reserve considering raising interest rates for the first time in years.
Current bitcoin price
bitcoin
The price of bitcoin this morning was 2% lower than yesterday’s opening. Below is how the opening price of bitcoin has changed compared to the past week, month, and year:
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A week ago: -4%
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A month ago: -3.9%
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One year ago: -31.8%
Bitcoin’s all-time high was $126,198.07 on October 6, 2025. Bitcoin’s all-time low was $0.04865 on July 14, 2010.
What is a crypto credit card?
A bitcoin or crypto credit card generally works like any other credit card. When you apply and are approved, you will be assigned a credit limit and can use your card to make purchases. If you don’t pay your balance in full by your card’s monthly due date, you will begin accruing interest at your assigned APR.
The difference is the types of rewards you will earn. Instead of earning airline miles, rewards points, or cash back on your spending, you’ll earn cryptocurrency. The percentage you earn on each purchase, such as 3% on gas or 2% on restaurants, is converted from US dollars to bitcoin or another cryptocurrency at the current market value. You will then be able to access your rewards through your connected crypto account.
For example, let’s say you make a $500 purchase and earn 3% bitcoin rewards. You’ll earn $15 in US dollars on that purchase. With a bitcoin credit card, your $15 can be converted to the current value of bitcoin (approximately 0.00014 bitcoin in October 2025) and deposited into your crypto account.
The biggest benefit of crypto rewards is the potential for growth over time. Let’s say you had a total bitcoin rewards balance worth $100 USD at the end of 2024. By early October 2025, the value of those same rewards would have increased to about $114, even if you hadn’t earned any additional rewards during that time.
More information: Do you need a bitcoin credit card? What you can earn (and lose) by earning bitcoin rewards for your spending
Bitcoin and Ethereum price charts
Whether you’re new to tracking the value of bitcoin and ethereum or a more experienced crypto investor, Yahoo Finance’s bitcoin price chart and ethereum price chart below show a visual history of how the currency’s value continues to move and evolve.
More on cryptocurrencies from the Yahoo Finance team: