Bitcoin and ethereum prices today, Friday, May 29, 2026: Prices open lower, despite news of U.S.-Iran truce

1 week ago 21

Bitcoin (BTC-USD) opened astatine $73,525.74 connected Friday, down 1.1% from Thursday’s opening price. The worth of bitcoin fell further to $73,381.81 by 7:42 a.m ET.

Ethereum (ETH-USD) opened astatine $2,006.97 connected Friday, down 0.7% from Thursday’s opening price. The worth of ethereum ticked little to $2,003.66 arsenic of 7:42 a.m. ET.

The prices for some bitcoin and ethereum opened astatine their lowest levels each week, but the signifier is acceptable for the cryptocurrencies to emergence successful worth contiguous and this play aft reports that a 60-day truce hold with Iran is connected the president’s table awaiting his signature.

Investors appeared to person little of a hazard appetite this week arsenic tensions betwixt the U.S. and Iran grew pursuing the quality that the U.S. subject launched defence strikes against Iranian drones and a drone-launching site.

Any motion of advancement towards a meaningful statement to reopen the Strait of Hormuz is apt to compel much investors backmost into crypto.

Current terms of bitcoin and ethereum

Bitcoin

The terms of bitcoin this greeting was down 1.1% 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: -5.2%

  • One period ago: -3.7%

  • One twelvemonth ago: -31.8%

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 0.7% compared to Thursday’s open. Here’s however the opening ethereum terms has changed versus past week, month, and year:

  • One week ago: -5.8%

  • One period ago: -12.3%

  • One twelvemonth ago: -25.2%

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

73,208.19 -186.77 (-0.25%)

As of 12:30:01 PM UTC. Market Open.

CCC - CoinMarketCap USD

1,998.56 +10.26 (+0.52%)

As of 12:29:59 PM UTC. Market Open.

More accusation connected crypto from the Yahoo Finance team: 

  • How to commercialized crypto: A step-by-step guide

  • Do you request a bitcoin recognition card?

  • Can you bargain crypto with a recognition card?

  • President Trump called for a strategical bitcoin reserve. How it would work.

  • How to bargain a location with crypto

  • Yes, crypto is taxed. Here’s erstwhile you person to pay.

  • How to bargain ethereum — and what to cognize earlier you do

  • How to bargain solana: A step-by-step guide

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