Bitcoin and ethereum prices today, Friday, June 5, 2026: Prices continue their descent - 5 reasons why

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Bitcoin (BTC-USD) opened astatine $63,812.18 connected Friday, June 5, 2026, down 0.3% from Thursday's opening price. The worth of bitcoin fell further to $62,045.86 by 9:19 a.m. ET.

Ethereum (ETH-USD) opened astatine $1,768.86 connected Friday, down 2.4% from Thursday's opening price. The worth of ethereum ticked little to $1,666.52 arsenic of 9:19 a.m. ET.

The prices of some bitcoin and ethereum continued their descent this week pursuing May’s employment study and quality that Hezbollah has rejected Israel’s connection of a ceasefire.

News from the Middle East is, of course, 1 large crushed that crypto prices are falling, but it’s acold from the lone reason. Scott Melker, the big of “The Daily Wolf with Scott Melker,” explains 5 reasons wherefore bitcoin prices are falling truthful overmuch and truthful accelerated this week.

Watch to larn more: 5 reasons bitcoin prices are bleeding

Current terms of bitcoin and ethereum

Bitcoin

The terms of bitcoin this greeting was down 0.3% from Thursday's opening figure. Here's a look astatine however the opening bitcoin terms has changed versus past week, month, and year:

One week ago: -13.2%
One period ago: -20.1%
One twelvemonth ago: -39.1%

The all-time precocious for bitcoin was $126,198.07 connected Oct. 6, 2025. The all-time debased worth for bitcoin was $0.04865 connected July 14, 2010.

Ethereum

The terms of ethereum this greeting was down 2.4% compared to Thursday's open. Here's however the opening ethereum terms has changed versus past week, month, and year:

One week ago: -11.9%
One period ago: -24.6%
One twelvemonth ago: -32.2%

The all-time precocious for ethereum was $4,953.73 connected Aug. 24, 2025. The all-time debased worth for ethereum was $0.4209 connected Oct. 21, 2015.

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

Can you bargain your adjacent location with crypto?

So, you enactment a small huffy wealth into bitcoin a fewer years ago. Now, your crypto-fueled nett means you person a saccharine nest ovum to enactment toward a house.

But tin you bargain a location with crypto alternatively than utilizing currency oregon a accepted owe loan? What are the roadblocks? And what astir taxes?

President Trump wants the United States to beryllium "the crypto superior of the world." In that spirit, successful precocious June, Director of the Federal Housing Finance Agency (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to "prepare their businesses to number cryptocurrency arsenic an plus for a mortgage."

The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored companies that money a large information of the owe industry.

Pulte said the lodging strategy "needs a monolithic upgrade," adding, "I privation radical who ain cryptocurrency to beryllium capable to bargain homes similar everyone else. I judge cryptocurrency is an asset. I judge Americans should beryllium capable to usage their crypto if they privation to. It's clip the lodging strategy caught up."

This signals what could beryllium a cardinal alteration to however cryptocurrency whitethorn beryllium utilized to suffice for a mortgage.

Learn more: Want to bargain a location with crypto? Here's what to expect.

Bitcoin and ethereum terms charts

Whether you're marque caller to tracking the worth of bitcoin and ethereum oregon a much seasoned crypto investor, Yahoo Finance's price-of-bitcoin illustration and price-of-ethereum illustration beneath amusement a ocular past of however the currencies' worth continues to determination and evolve.

CCC - CoinMarketCap USD

61,752.27 -2,420.91 (-3.77%)

As of 1:39:58 PM UTC. Market Open.

CCC - CoinMarketCap USD

1,659.28 -124.42 (-6.98%)

As of 1:39:59 PM UTC. Market Open.

More accusation connected crypto from the Yahoo Finance team: