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Home»Finance»Opening prices fall back ahead of inflation reports this week
Finance

Opening prices fall back ahead of inflation reports this week

August 11, 2026No Comments3 Mins Read
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Prices sliding, down about 40% from last year
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Bitcoin (BTC-USD) opened at $63,912.50 on Tuesday, August 11, 2026, down 1.4% from Monday’s opening price. As of 8:32 a.m. ET this morning, the price of bitcoin moved up to $64,282.28.

Ethereum (ETH-USD) opened at $1,871.33 on Tuesday, August 11, 2026, down 2% from Monday’s opening price. The price of ethereum moved higher this morning to $1,888.83 as of 8:32 a.m. ET.

The opening prices of bitcoin and ethereum have moved back to levels seen a week ago, but are showing some upward momentum in early trading this morning. While crypto prices did see a bump following the disappointing jobs report last week that missed expectations by a wide margin, higher prices haven’t held.

Two key inflation reports will be released later this week, shedding more light on whether the Fed could raise rates following its two-day meeting in September. Higher rates tend to be a headwind for crypto prices since they don’t pay interest.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was down 1.4% from Monday’s opening price. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

  • One week ago: +0.7%

  • One month ago: -0.3%

  • One year ago: -46.4%

The all-time high for bitcoin was $128,198.07 on Oct. 6, 2025. The all-time low value for bitcoin was $0.04865 on July 14, 2010. 

Ethereum

The price of ethereum this morning was 2% lower than Monday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

  • One week ago: +0.7%

  • One month ago: +4.2%

  • One year ago: -56%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low value for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and other cryptocurrencies are rapidly evolving. Follow the latest developments from Yahoo Finance and others here.

See also  Dollar steady ahead of Fed Chair remarks, underpinned by higher US yields

What is Ethereum and how does it work? 

Ethereum is the blockchain, while ether is the cryptocurrency that runs on it. When people say they’re “buying ethereum,” they’re usually buying ETH — the digital asset used to run applications and store value.

Some investors trade short-term, others accumulate their holdings slowly, and still others focus on earning a yield by locking up their ETH to help run the network — a process known as staking.

How to buy Ethereum

Ether, the native cryptocurrency used on the Ethereum platform, remains significantly more volatile than the S&P 500 for many investors. But it’s no longer a moonshot — it’s a foundational piece of a modern digital portfolio.

Here’s how to start investing in ethereum.

  • Step 1: Choose your Ethereum investment strategy

  • Step 2: Pick the right platform

  • Step 3: Complete identity verification (KYC)

  • Step 4: Fund your Ethereum purchase

  • Step 5: Execute the trade

  • Step 6: Securing your investment

Learn more: How to buy Ethereum and what to know before you do

Bitcoin and ethereum price charts

Whether you’re brand new to tracking the value of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance’s price-of-ethereum chart below shows a visual history of how the currency’s value continues to move and evolve. 

See also  Getting Out of Afghanistan’s Opium Quagmire

More on crypto from the Yahoo Finance team: 

ahead fall inflation Opening Prices reports Week
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