Opened at lowest levels in about two weeks
Bitcoin (BTC-USD) opened at $62,660.11 on Wednesday, down 2% from Tuesday’s open. The worth of bitcoin was $62,760.25 as of 8:38 am ET this morning.
Ethereum (ETH-USD) opened at $1,665.13 on Wednesday, flat in comparison with Tuesday’s opening worth. Ethereum costs this morning shifted to $1,674.54 as of 8:38 am ET.
While bitcoin and ethereum costs are firming considerably this morning, their opening levels are the lowest we have seen in about two weeks. Crypto costs are affected by the identical headwinds that gold and silver costs are: a robust greenback and the prospect of upper rates of interest are prompting traders to maneuver cash elsewhere. The AI-stock slide this week Suggests traders are more and more averse to risk-heavy investments, additional hurting bitcoin and ethereum costs.
Current worth of bitcoin and ethereum
Bitcoin
The worth of bitcoin this morning was 2% decrease than the day earlier than. Here’s a glance at how the opening bitcoin worth has modified versus final week, month, and yr:
One week in the past: -4.5%
One month in the past: -18.3%
One yr in the past: -40.6%
The all-time excessive for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low worth for bitcoin was $0.04865 on July 14, 2010.
Ethereum
The worth of ethereum this morning was flat in comparison with Tuesday morning. Here’s a glance at how the opening ethereum worth has modified versus final week, month, and yr:
One week in the past: -7%
One month in the past: -21.3%
One yr in the past: -31.2%
The all-time excessive for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low worth for ethereum was $0.4209 on Oct. 21, 2015.
Bitcoin, ethereum, and different cryptocurrencies are quickly evolving. Follow the latest developments from Yahoo Finance and others here.
Crypto and taxes
You typically owe taxes whenever you promote cryptocurrency for greater than you paid for it. This additionally applies whenever you alternate one digital asset for one more. Converting bitcoin into ethereum, for instance, is not “just a trade” in the eyes of the IRS. It’s a taxable occasion if the worth adjustments.
Crypto taxes aren’t paid at the time of the transaction, however as a substitute, they’re reported in your tax return for the yr in which the transaction passed off. So, if you happen to bought crypto for a revenue at any level throughout 2025, that exercise is reported whenever you file your 2025 return in early 2026.
How a lot tax you pay is determined by two most important components:
How lengthy you held the asset earlier than promoting
Your general taxable revenue and submitting standing
Hold it for lower than a yr, and you may normally face increased charges. Hold it longer, and the charges are usually decrease.
This holding-period distinction issues greater than most individuals understand. Just a few days could make a distinction of as a lot as 17% or extra — so timing issues.
Learn extra: Yes, crypto is taxed. Here’s when you have to pay.
Bitcoin and ethereum worth charts
Whether you are model new to monitoring the worth of bitcoin and ethereum or a extra seasoned crypto investor, Yahoo Finance’s price-of-bitcoin and price-of-ethereum charts beneath present a visible historical past of how the currencies’ worth continues to maneuver and evolve.
More on crypto from the Yahoo Finance workforce:
