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Home»Finance»Prices up; bitcoin at highest level since January
Finance

Prices up; bitcoin at highest level since January

May 8, 2026No Comments4 Mins Read
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Values continue to fall this week
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Bitcoin (BTC-USD) opened at $80,900.77 on Wednesday, 1.3% increased than Tuesday’s opening value. Bitcoin moved even increased in early buying and selling, surpassing the $82,000 mark.

Ethereum (ETH-USD) opened at $2,360.65 on Wednesday, 0.6% increased than Tuesday’s opening value. Ethereum additionally rose this morning, simply not as considerably as bitcoin, valued at $2,412.01 as of seven:03 a.m. ET.

The opening values of bitcoin and ethereum are each up considerably right now. The worth of bitcoin this morning was $82,305.01 as of seven:03 a.m. ET. That is the best value level for the cryptocurrency since January 31. Ethereum’s value was $2,412.01 at 7:03 a.m. ET, the best worth we’ve seen since April 27.

Buyers are embracing higher threat this week amid hopes of renewed peace talks in Iran, AI optimism, and expectations that pending crypto laws will carry readability and construction for U.S. merchants.

Over a five-day interval, bitcoin is up 5.4%, and ethereum has gained 5.61%.

Present value of bitcoin and ethereum

Bitcoin

The value of bitcoin this morning was 1.3% increased than the day earlier than. Right here’s a have a look at how the opening bitcoin value has modified versus final week, month, and 12 months:

  • One week in the past: +6%

  • One month in the past: +17.3%

  • One 12 months in the past: -14.6%

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 value of ethereum this morning was 0.6% increased than it was early Tuesday. Right here’s a have a look at how the opening ethereum value has modified versus final week, month, and 12 months:

  • One week in the past: +3.1%

  • One month in the past: +11.9%

  • One 12 months in the past: +29.7%

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.

Crypto and taxes

You typically owe taxes whenever you promote cryptocurrency for greater than you paid for it. This additionally applies whenever you alternate one digital asset for one more. Changing bitcoin into ethereum, for instance, isn’t “only a commerce” within the eyes of the IRS. It’s a taxable occasion if the worth adjustments.

Crypto taxes aren’t paid on the time of the transaction, however as an alternative, they’re reported in your tax return for the 12 months wherein the transaction passed off. So, when you offered crypto for a revenue at any level throughout 2025, that exercise is reported whenever you file your 2025 return in early 2026.

How a lot tax you pay is dependent upon two most important components:

  1. How lengthy you held the asset earlier than promoting

  2. Your general taxable earnings and submitting standing

Maintain it for lower than a 12 months, and you will normally face increased charges. Maintain it longer, and the charges are usually decrease.

This holding-period distinction issues greater than most individuals understand. A number of days could make a distinction of as a lot as 17% or extra — so timing issues.

Be taught extra: Sure, crypto is taxed. Right here’s when it’s a must to pay.

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 and price-of-ethereum charts beneath present a visible historical past of how the currencies’ worth continues to maneuver and evolve.

Extra on crypto from the Yahoo Finance group: 

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Bitcoin highest January level prices
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