Bitcoin (BTC-USD) opened at $80,473.98 on Wednesday, down 1.5% from Tuesday’s opening price. The price of bitcoin at 7:08 am ET rose to $80,611.27.
Ethereum (ETH-USD) opened at $2,274.41 on Wednesday, down 2.8% from Tuesday’s opening price. Ethereum is also up this morning, valued at $2,299.60 as of 7:08 a.m. ET.
Bitcoin and Ethereum prices opened lower this morning following yesterday’s Consumer Price Index (CPI) report, which detailed the extent to which the war in Iran is driving up energy costs. Cryptocurrency investors are closely watching President Trump’s summit in China this week to see if trade deals can be improved and if China can help bring the conflict in the Middle East to a peaceful conclusion.
More information: How rising oil and gas prices drove up inflation in April
Current price of bitcoin and ethereum
bitcoin
The price of bitcoin this morning was 1.5% lower than the previous day. 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: -0.6%
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A month ago: +13.7%
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One year ago: -21.7%
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.
Ethereum
Ethereum price this morning was 2.8% lower than Tuesday morning. Below is how Ethereum’s opening price has changed compared to the past week, month, and year:
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A week ago: -3.7%
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A month ago: +3.7%
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One year ago: -8.9%
Ethereum’s all-time high was $4,953.73 on August 24, 2025. Ethereum’s all-time low was $0.4209 on October 21, 2015.
Bitcoin, ethereum and other cryptocurrencies are evolving rapidly. Follow the latest news from Yahoo Finance and others here.
Crypto and taxes
You generally owe taxes when you sell cryptocurrency for more than you paid for it. This also applies when you exchange one digital asset for another. Converting bitcoin to ethereum, for example, is not “just a transaction” in the eyes of the IRS. It is a taxable event if the value changes.
Taxes on cryptocurrency are not paid at the time of the transaction, but are reported on your tax return for the year the transaction occurred. So if you sold cryptocurrency for a profit at any time during 2025, that activity is reported when you file your 2025 return in early 2026.
The amount of taxes you pay depends on two main factors:
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How long did you hold the asset before selling it?
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Your overall taxable income and filing status
If you keep it for less than a year, you’ll typically face higher rates. If held longer, rates will tend to be lower.
This distinction between holding periods matters more than most people realize. A few days can make a difference of up to 17% or more, so timing is important.
More information: Yes, cryptocurrencies are taxable. This is when you have to pay.
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 and ethereum price charts below show a visual history of how the value of coins continues to move and evolve.
More on cryptocurrencies from the Yahoo Finance team: