Bitcoin (BTC-USD) opened at $86,195.28 on Wednesday, September 23, 2026, flat compared to Tuesday’s opening price. As of 7:26 a.m. ET this morning, the price of bitcoin moved lower to $85,600.03.
Ethereum (ETH-USD) opened at $2,753.25 on Wednesday, September 23, 2026, down 0.8% from Tuesday’s opening price. The price of ethereum moved down this morning to $2,725.32 as of 7:26 a.m. ET.
Both bitcoin and ethereum prices opened again near 8-month highs this morning, as President Trump prepares to host Chinese President Xi Jinping in Washington this week.
Despite the pullback in crypto prices this morning, bitcoin’s recent surge over $86,000 has at least one investor declaring the crypto winter is over:
“The BTC breakout is credible,” Fundstrat head of digital assets Sean Farrell told Yahoo Finance on Monday. “I think the crypto winter is over, although that does not necessarily mean the path higher will be linear.”
For now, momentum is on crypto’s side, with bitcoin jumping more than 5% on Friday and another 6% on Monday.
“We believe crypto is in the early innings of a new bull market and we see few signs of overheating,” Compass Point analyst Ed Engel wrote on Tuesday.
The move looks “like a combination of renewed ETF demand and a large short squeeze,” Nicolai Søndergaard, senior research analyst at Nansen, said as traders betting against bitcoin are forced to buy it back, adding further fuel to the rally.
Keep reading: ‘Crypto winter is over,’ analyst says
Current price of bitcoin and ethereum
Bitcoin
The price of bitcoin this morning, Wednesday, September 23, 2026, was flat compared to Tuesday’s opening price. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:
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One week ago: +14%
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One month ago: +11.8%
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One year ago: -23.6%
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, Wednesday, September 23, 2026, was 0.8% lower than Tuesday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:
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One week ago: +14.8%
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One month ago: +13.6%
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One year ago: -34.5%
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.
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 into ethereum, for example, isn’t “just a trade” in the eyes of the IRS. It’s a taxable event if the value changes.
Crypto taxes aren’t paid at the time of the transaction, but instead, they’re reported on your tax return for the year in which the transaction took place. So, if you sold crypto for a profit at any point during 2025, that activity is reported when you file your 2025 return in early 2026.
How much tax you pay depends on two main factors:
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How long you held the asset before selling
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Your overall taxable income and filing status
Hold it for less than a year, and you’ll usually face higher rates. Hold it longer, and the rates tend to be lower.
This holding-period distinction matters more than most people realize. A few days can make a difference of as much as 17% or more — so timing matters.
Learn more: Yes, crypto is taxed. Here’s when you have to pay.
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 and price-of-ethereum charts below show a visual history of how the currencies’ value continues to move and evolve.
More on crypto from the Yahoo Finance team: