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Home»Finance»Bitcoin’s strongest opening in months
Finance

Bitcoin’s strongest opening in months

May 11, 2026No Comments3 Mins Read
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Bitcoin's strongest opening in months
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Bitcoin (BTC-USD) opened at $82,164.43 on Monday, the strongest opening price since January 31. As of 7:16 a.m. ET, the price of bitcoin shifted lower to $80,971.89.

Ethereum (ETH-USD) opened at $2,369.40 on Monday, the highest opening price since April 27. The price of ethereum moved lower this morning and was $2,331.11 as of 7:16 a.m. ET.

The markets are all processing the latest news out of the Middle East this morning. President Trump emphatically rejected Iran’s latest response to a peace proposal, calling it “TOTALLY UNACCEPTABLE!” in a Truth Social post yesterday. So far this morning, we’ve seen the price of gold fall, oil prices (BZ=F) rise, stock contracts hold, and treasury yields move upward. In terms of the two largest cryptocurrencies, bitcoin is holding close to $82,000, but can’t seem to move past that value for a consistent period, and ethereum remains resilient, hanging around the $2,300 mark.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was 1.9% higher than Sunday’s opening price. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

  • One week ago: +4.6%

  • One month ago: +12.6%

  • One year ago: -21.5%

The all-time high for bitcoin was $126,198.07 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 1.8% higher than Sunday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

  • One week ago: +2%

  • One month ago: +5.5%

  • One year ago: -8.3%

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.

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How Bitcoin works

Bitcoin is a type of cryptocurrency, which is a currency that exists only in digital form and operates without government or banking oversight. By comparison, the U.S. dollar, the EU euro, the Canadian dollar, and other national currencies have paper versions and are issued by their respective governments.

Bitcoin relies on a public digital ledger that validates and records transactions and verifies bitcoin ownership. This ledger is called the blockchain, and it is globally distributed — that is, decentralized — across a broad, worldwide network of servers.

Decentralization is a fundamental aspect of cryptocurrencies. Decentralization facilitates peer-to-peer payments with no banking intermediary, enhanced security, and defends against manipulation attempts.

Learn more: What is Bitcoin, and how does it work?

How to buy Bitcoin in 2026

There are several ways to buy Bitcoin. You can go through a crypto exchange, a fintech app, or a traditional brokerage that will allow you to buy into a bitcoin ETF.

Before placing a trade, though, decide what you actually want: full ownership of your bitcoin and private keys — or easy price exposure inside a familiar, regulated system.

Whichever avenue you take, it’s important to remember that bitcoin remains a high-risk, highly volatile asset compared to many other investments. Prices can surge or drop quickly, sometimes without warning. If you’re considering buying bitcoin, assume volatility is part of the deal.

See also  Former Federal Reserve Adviser Sentenced to 38 Months in Prison After Lying About Sharing Restricted Information With Suspected Chinese Intelligence Operatives

Learn more: Is bitcoin’s price volatility an investing opportunity? Here’s how to buy bitcoin.

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-bitcoin chart and price-of-ethereum chart below show a visual history of how the currencies’ value continues to move and evolve.

More on crypto from the Yahoo Finance team:

Bitcoins Months Opening strongest
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