Crypto prices back off this morning

Bitcoin (BTC-USD) opened at $64,724.03 on Friday, July 31, 2026, 1.3% higher than Thursday’s opening price. As of 8:52 a.m. ET this morning, the price of bitcoin moved down to $63,652.09.

Ethereum (ETH-USD) opened at $1,917.16 on Friday, July 31, 2026, up 0.4% from Thursday’s opening price. The price of ethereum moved lower this morning to $1,877.52 as of 8:52 a.m. ET.

Bitcoin and ethereum trended down after a strong opening this morning following a pause in U.S. airstrikes in Iran overnight.

While opening bitcoin prices slowly gained momentum all week, including following the Wednesday Fed meeting where rates were left unchanged, the prices of both bitcoin and ethereum are backing off this morning as cryptocurrencies struggle to maintain any solid footing.

It’s unclear if the pause in U.S. airstrikes overnight will sustain over the weekend, but analysts still seem to be pricing in an interest rate hike at some point this year as the Strait of Hormuz remains closed and energy costs elevated.

The price of bitcoin this morning was 1.3% higher than Thursday’s opening price. Here’s a look at how the opening bitcoin price has changed versus last week, month, and year:

One week ago: -0.5%

One month ago: +7.6%

One year ago: -45.1%

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. 

The price of ethereum this morning was 0.4% higher than Thursday’s open. Here’s a look at how the opening ethereum price has changed versus last week, month, and year:

One week ago: +2.1%

One month ago: +19.1%

One year ago: -49.7%

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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