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Prices continue to slide on political tensions

Bitcoin (BTC-USD) opened at $62,233.37 to Thursday, July 9, 2026down 1.7% from Wednesday’s opening price. The value of bitcoin has gone up $62,870.76 at 8:39 am ET.

Ethereum (ETH-USD) opened at $1,742.06, down 1.5% from yesterday’s opening price. The price of ethereum has moved $1,744.40 at 8:39 am ET.

The opening prices of bitcoin and ethereum this morning continue to trend lower as the week progresses, but prices this week are in a stronger position than last week. That’s a good piece of news for crypto investors, especially as geopolitical tensions have flared again in the Middle East.

For the second straight day, the US and Iran have exchanged airstrikes, all but ending the ceasefire and the grinding of shipping in the Strait of Hormuz has been halted, which has also raised inflation concerns.

This latest volatility is adding to the crypto price volatility as bitcoin tries to recover from its worst monthly performance in years.

The price of bitcoin this morning was 1.7% lower than yesterday’s opening. Here’s a look at how the price of bitcoin has changed over the past week, month, and year:

  • One week ago: +3.7%

  • One month ago: -1.4%

  • One year ago: -42.9%

Bitcoin’s high was $126,198.07 on Oct. 6, 2025. The lowest price of bitcoin was $0.04865 on July 14, 2010.

The price of ethereum this morning was down 1.5% compared to Wednesday’s opening. Here’s a look at how the opening price of ethereum has changed over the past week, month, and year:

  • One week ago: +8.3%

  • One month ago: +3.1%

  • One year ago: -33.4%

Ethereum’s high was $4,953.73 on Aug. 24, 2025. The all-time low price of ethereum was $0.4209 on Oct. 21, 2015.

Bitcoin, ethereum, and other cryptocurrencies are emerging rapidly. Follow the latest developments from Yahoo Finance and more here.

A bitcoin or crypto credit card generally works like any other credit card. If you apply and are approved, you will be given a credit limit, and you can use your card to make purchases. If you don’t pay off your entire balance by your card’s due date, you’ll start accruing interest at the APR you’re assigned.

The difference is the types of rewards you will receive. Instead of earning airline miles, reward points, or cash back on your spending, you will earn crypto. The percentage you earn on each purchase – such as 3% back on electricity or 2% back on restaurants – is converted from US dollars to bitcoin or another cryptocurrency at the current market rate. You can then access your rewards through your linked crypto account.

For example, say you make a $500 purchase that earns you 3% bitcoin rewards. You will earn $15 in US dollars on that purchase. With a bitcoin credit card, your $15 can be converted at the current bitcoin rate (about 0.00014 bitcoin in October 2025) and deposited into your crypto account.

The biggest benefit of crypto rewards is the opportunity to grow over time. Let’s say you have a total bitcoin reward balance worth $100 USD at the end of 2024. By early October 2025, the value of those rewards will have increased to about $114 — even if you didn’t earn more rewards then.

Read more: Do you need a bitcoin credit card? What you can gain (and lose) by earning bitcoin rewards for spending money

Whether you’re new to tracking the value of bitcoin and ethereum or a seasoned crypto investor, the Yahoo Finance bitcoin price chart and ethereum price chart below show a visual history of how the currency’s value continues to move and fluctuate.

More on crypto from the Yahoo Finance team:

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