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Home»Finance»Prices pulling back this morning despite de-escalation with Iran
Finance

Prices pulling back this morning despite de-escalation with Iran

August 3, 2026No Comments4 Mins Read
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Prices continue to move lower
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Bitcoin (BTC-USD) opened at $63,497.25 on Monday, August 3, 2026, 1.2% higher than Sunday’s opening price. As of 8:54 a.m. ET this morning, the price of bitcoin moved down to $62,643.

Ethereum (ETH-USD) opened at $1,883.15 on Monday, August 3, 2026, up 2.2% from Sunday’s opening price. The price of ethereum moved lower this morning to $1,840.70 as of 8:54 a.m. ET.

The opening prices of bitcoin and ethereum this morning rebounded from lower prices over the weekend, but then reversed course in early trading. Crypto prices don’t seem to be gaining any meaningful momentum following President Trump’s announcement on Sunday that the U.S. paused planned airstrikes against Iran.

Geopolitical tensions remain a key headwind for crypto investors, but it’s certainly not the only market component keeping a lid on price growth. Security issues and stalling legislation are also key components limiting crypto prices from making a more meaningful recovery.

Current price of bitcoin and ethereum

Bitcoin

The price of bitcoin this morning was 1.2% 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: -2.8%

  • One month ago: +3.3%

  • One year ago: -43.6%

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 was 2.2% 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: -3.6%

  • One month ago: +10.9%

  • One year ago: -44.5%

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.

See also  Iran President Publishes Bizarre Video Insisting He Is Not Resigning

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 defense 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  Iran, Rattled by Trump-Xi Lovefest, Knocks Pete Hegseth as 'Failed TV Host'

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: 

deescalation Iran Morning Prices Pulling
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