Thursday, September 3, 2026
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Crypto costs tumble as Iran struggle reignites

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Bitcoin (BTC-USD) opened at $77,395.89 on Wednesday, September 2, 2026, 1.5% decrease than Tuesday’s opening price. As of 7:13 a.m. ET this morning, the price of bitcoin moved down to $76,597.13.

Ethereum (ETH-USD) opened at $2,417.66 on Wednesday, September 2, 2026, down 2.0% from Tuesday’s opening price. The price of ethereum moved even decrease this morning to $2,373.76 as of 7:13 a.m. ET.

Bitcoin and ethereum costs are tumbling this morning in the wake of another spherical of U.S. airstrikes against Iranian targets, escalating the violent struggle between the two nations. Iran retaliated to the newest strikes by attacking U.S. army bases with rockets and drones.

The renewed combating has raised oil costs (BZ=F) again, conserving inflation issues high forward of a crucial Federal Reserve assembly later this month. This newest strain on power costs is rising the probability of a charge increase, doubtless pushing crypto costs even decrease since cryptocurrencies do not pay curiosity.

The price of bitcoin this morning was 1.5% decrease than Tuesday’s opening price. Here’s a look at how the opening bitcoin price has modified versus last week, month, and yr:

  • One week in the past: -1.5%

  • One month in the past: +23.3%

  • One yr in the past: -29.2%

The all-time high for bitcoin was $126,198.07 on Oct. 6, 2025. The all-time low worth for bitcoin was $0.04865 on July 14, 2010. 

The price of ethereum this morning was 2.0% decrease than Tuesday’s open. Here’s a look at how the opening ethereum price has modified versus last week, month, and yr:

  • One week in the past: -1%

  • One month in the past: +31.2%

  • One yr in the past: -44%

The all-time high for ethereum was $4,953.73 on Aug. 24, 2025. The all-time low worth for ethereum was $0.4209 on Oct. 21, 2015. 

Bitcoin, ethereum, and other cryptocurrencies are quickly evolving. Follow the newest developments from Yahoo Finance and others here.

You usually owe taxes when you promote cryptocurrency for more than you paid for it. This also applies when you exchange one digital asset for another. Converting bitcoin into ethereum, for instance, is not “just a trade” in the eyes of the IRS. It’s a taxable occasion if the worth adjustments.

Crypto taxes aren’t paid at the time of the transaction, but instead, they’re reported on your tax return for the yr in which the transaction took place. So, if you offered crypto for a revenue at any level during 2025, that exercise is reported when you file your 2025 return in early 2026.

How much tax you pay relies upon on two principal components:

  1. How long you held the asset before promoting

  2. Your general taxable income and submitting standing

Hold it for less than a yr, and you’ll often face greater charges. Hold it longer, and the charges have a tendency to be decrease.

This holding-period distinction issues more than most people notice. A few days can make a distinction of as much as 17% or more — so timing issues.

Learn more: Yes, crypto is taxed. Here’s when you have to pay.

Whether you’re model new to monitoring the worth of bitcoin and ethereum or a more seasoned crypto investor, Yahoo Finance’s price-of-bitcoin and price-of-ethereum charts below show a visible historical past of how the currencies’ worth continues to transfer and evolve.

More on crypto from the Yahoo Finance crew: 



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