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Home»Finance»Prices open lower, despite news of U.S.-Iran truce
Finance

Prices open lower, despite news of U.S.-Iran truce

May 29, 2026No Comments4 Mins Read
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Higher prices hold with ceasefire in effect
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Bitcoin (BTC-USD) opened at $73,525.74 on Friday, down 1.1% from Thursday’s opening value. The worth of bitcoin fell additional to $73,381.81 by 7:42 a.m ET.

Ethereum (ETH-USD) opened at $2,006.97 on Friday, down 0.7% from Thursday’s opening value. The worth of ethereum ticked decrease to $2,003.66 as of seven:42 a.m. ET.

The costs for each bitcoin and ethereum opened at their lowest ranges all week, however the stage is about for the cryptocurrencies to rise in worth in the present day and this weekend after studies {that a} 60-day truce extension with Iran is on the president’s desk awaiting his signature.

Traders appeared to have much less of a threat urge for food this week as tensions between the U.S. and Iran grew following the information that the U.S. navy launched protection strikes in opposition to Iranian drones and a drone-launching website.

Any signal of progress in direction of a significant settlement to reopen the Strait of Hormuz is more likely to compel extra traders again into crypto.

Present value of bitcoin and ethereum

Bitcoin

The worth of bitcoin this morning was down 1.1% from Thursday’s opening determine. Right here’s a take a look at how the opening bitcoin value has modified versus final week, month, and yr:

  • One week in the past: -5.2%

  • One month in the past: -3.7%

  • One yr in the past: -31.8%

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

Ethereum

The worth of ethereum this morning was down 0.7% in comparison with Thursday’s open. Right here’s how the opening ethereum value has modified versus final week, month, and yr:

  • One week in the past: -5.8%

  • One month in the past: -12.3%

  • One yr in the past: -25.2%

The all-time excessive 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 different cryptocurrencies are quickly evolving. Comply with the most recent developments from Yahoo Finance and others right here.

Can you purchase your subsequent home with crypto?

So, you set just a little mad cash into bitcoin a couple of years in the past. Now, your crypto-fueled revenue means you may have a candy nest egg to place towards a home.

However can you purchase a home with crypto quite than utilizing money or a standard mortgage mortgage? What are the roadblocks? And what about taxes?

President Trump desires america to be “the crypto capital of the world.” In that spirit, in late June, Director of the Federal Housing Finance Company (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to “put together their companies to depend cryptocurrency as an asset for a mortgage.”

The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored firms that fund a serious portion of the mortgage business.

Pulte stated the housing system “wants a large improve,” including, “I would like individuals who personal cryptocurrency to have the ability to purchase properties like everybody else. I imagine cryptocurrency is an asset. I imagine People ought to be capable of use their crypto in the event that they wish to. It is time the housing system caught up.”

This alerts what might be a elementary change to how cryptocurrency could also be used to qualify for a mortgage.

Study extra: Wish to purchase a home with crypto? Right here’s what to anticipate. 

Bitcoin and ethereum value charts

Whether or not you’re model new to monitoring the worth of bitcoin and ethereum or a extra seasoned crypto investor, Yahoo Finance’s price-of-bitcoin chart and price-of-ethereum chart under present a visible historical past of how the currencies’ worth continues to maneuver and evolve.

Extra data on crypto from the Yahoo Finance staff: 

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